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	<title>Comments on: Settlement Loan Frequently Asked Questions</title>
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	<description>Successful Modern e-Life Style</description>
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	<item>
		<title>By: Blogger</title>
		<link>http://urbantoolamerica.com/settlement-loan-frequently-asked-questions/comment-page-1/#comment-823</link>
		<dc:creator>Blogger</dc:creator>
		<pubDate>Tue, 24 Nov 2009 19:01:33 +0000</pubDate>
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		<description>Omfg, it just looks like a picture :o</description>
		<content:encoded><![CDATA[<p>Omfg, it just looks like a picture <img src='http://urbantoolamerica.com/wp-includes/images/smilies/icon_surprised.gif' alt=':o' class='wp-smiley' /> </p>
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	<item>
		<title>By: Dat_1_Chiq</title>
		<link>http://urbantoolamerica.com/settlement-loan-frequently-asked-questions/comment-page-1/#comment-832</link>
		<dc:creator>Dat_1_Chiq</dc:creator>
		<pubDate>Tue, 24 Nov 2009 13:39:12 +0000</pubDate>
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		<description>No one will &quot;take over&quot; your loans.  You will still owe the money to your lender when you are in forbearance. They will simply add interest every month while you are making payments.

If you are asking about defaulting the lender will just contract out with a collection agency to start calling and hounding you to mail them payments.  If you make 6 to 12 months worth of willing and reasonable payments you can ask your lender to &quot;rehabilitate&quot; your loan.  This is when you are issued a new loan and pay off the one in default so you can get federal fin aid again.  Again, rehabilitation can only be done after you have made 6 to 12 months of payments.</description>
		<content:encoded><![CDATA[<p>No one will &quot;take over&quot; your loans.  You will still owe the money to your lender when you are in forbearance. They will simply add interest every month while you are making payments.</p>
<p>If you are asking about defaulting the lender will just contract out with a collection agency to start calling and hounding you to mail them payments.  If you make 6 to 12 months worth of willing and reasonable payments you can ask your lender to &quot;rehabilitate&quot; your loan.  This is when you are issued a new loan and pay off the one in default so you can get federal fin aid again.  Again, rehabilitation can only be done after you have made 6 to 12 months of payments.</p>
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	<item>
		<title>By: Free Blog</title>
		<link>http://urbantoolamerica.com/settlement-loan-frequently-asked-questions/comment-page-1/#comment-824</link>
		<dc:creator>Free Blog</dc:creator>
		<pubDate>Tue, 24 Nov 2009 11:18:23 +0000</pubDate>
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		<description>Beautiful video!</description>
		<content:encoded><![CDATA[<p>Beautiful video!</p>
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	<item>
		<title>By: ali</title>
		<link>http://urbantoolamerica.com/settlement-loan-frequently-asked-questions/comment-page-1/#comment-833</link>
		<dc:creator>ali</dc:creator>
		<pubDate>Tue, 24 Nov 2009 11:03:04 +0000</pubDate>
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		<description>All I can say is, if you own the motorcycle, take it back. If he does, tell him to get a title loan. He can make payments but depends on what he still owes you.</description>
		<content:encoded><![CDATA[<p>All I can say is, if you own the motorcycle, take it back. If he does, tell him to get a title loan. He can make payments but depends on what he still owes you.</p>
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		<title>By: newmoon</title>
		<link>http://urbantoolamerica.com/settlement-loan-frequently-asked-questions/comment-page-1/#comment-837</link>
		<dc:creator>newmoon</dc:creator>
		<pubDate>Tue, 24 Nov 2009 06:29:01 +0000</pubDate>
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		<description>I&#039;m not sure why you would want to get a home equity loan to pay off student loans.  Typically interest rates on student loans are much lower than home equity loans.  It is true that you can use interest paid on a home equity loan as a tax deduction, but you can also use interest paid on student loans as a deduction.</description>
		<content:encoded><![CDATA[<p>I&#039;m not sure why you would want to get a home equity loan to pay off student loans.  Typically interest rates on student loans are much lower than home equity loans.  It is true that you can use interest paid on a home equity loan as a tax deduction, but you can also use interest paid on student loans as a deduction.</p>
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		<title>By: Jak K</title>
		<link>http://urbantoolamerica.com/settlement-loan-frequently-asked-questions/comment-page-1/#comment-834</link>
		<dc:creator>Jak K</dc:creator>
		<pubDate>Tue, 24 Nov 2009 03:06:10 +0000</pubDate>
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		<description>To have a mortgage loan you must have land involved, so no trailer park rentals.  Lender&#039;s are not fond of mobile homes because they lose value - unlike a stick-built home which will appreciate in value.  You are unlikely to find 100% financing for a mobile home.  90% or less is the norm and that is with good credit.  Your interest rate will be higher as well.

If you are buying this as an investment (in your own future-not as an investment property) you should look into a modular home.  Anything but a mobile.  You won&#039;t get out what you put into a mobile.  That said, there are some very nice mobile homes out there.</description>
		<content:encoded><![CDATA[<p>To have a mortgage loan you must have land involved, so no trailer park rentals.  Lender&#039;s are not fond of mobile homes because they lose value &#8211; unlike a stick-built home which will appreciate in value.  You are unlikely to find 100% financing for a mobile home.  90% or less is the norm and that is with good credit.  Your interest rate will be higher as well.</p>
<p>If you are buying this as an investment (in your own future-not as an investment property) you should look into a modular home.  Anything but a mobile.  You won&#039;t get out what you put into a mobile.  That said, there are some very nice mobile homes out there.</p>
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		<title>By: Andrew M</title>
		<link>http://urbantoolamerica.com/settlement-loan-frequently-asked-questions/comment-page-1/#comment-835</link>
		<dc:creator>Andrew M</dc:creator>
		<pubDate>Mon, 23 Nov 2009 23:46:29 +0000</pubDate>
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		<description>Nope, sorry, but personal loan won&#039;t qualify, as you will have nothing in writing to say that it is student loan interest.</description>
		<content:encoded><![CDATA[<p>Nope, sorry, but personal loan won&#039;t qualify, as you will have nothing in writing to say that it is student loan interest.</p>
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		<title>By: Anonymous</title>
		<link>http://urbantoolamerica.com/settlement-loan-frequently-asked-questions/comment-page-1/#comment-827</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Mon, 23 Nov 2009 11:06:06 +0000</pubDate>
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		<description>that was beautiful. i loved the music especially. it fit the whole painting wonderfully. they both complemented and sympathized each other in perfetct harmony. one of my favorites. :D</description>
		<content:encoded><![CDATA[<p>that was beautiful. i loved the music especially. it fit the whole painting wonderfully. they both complemented and sympathized each other in perfetct harmony. one of my favorites. <img src='http://urbantoolamerica.com/wp-includes/images/smilies/icon_biggrin.gif' alt=':D' class='wp-smiley' /> </p>
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	<item>
		<title>By: WPBlog Shop</title>
		<link>http://urbantoolamerica.com/settlement-loan-frequently-asked-questions/comment-page-1/#comment-825</link>
		<dc:creator>WPBlog Shop</dc:creator>
		<pubDate>Mon, 23 Nov 2009 03:07:15 +0000</pubDate>
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		<description>Great video!5*
Nice music and painting!</description>
		<content:encoded><![CDATA[<p>Great video!5*<br />
Nice music and painting!</p>
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	<item>
		<title>By: Anonymous</title>
		<link>http://urbantoolamerica.com/settlement-loan-frequently-asked-questions/comment-page-1/#comment-828</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Sun, 22 Nov 2009 18:17:10 +0000</pubDate>
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		<description>that is unreal... looks like a photograph... crazy good</description>
		<content:encoded><![CDATA[<p>that is unreal&#8230; looks like a photograph&#8230; crazy good</p>
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