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No, not by him/her self. If the lender will agree to doing the loan at all, a co-signer 18 yrs. or older would be needed. 16 is not of legal age.
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How do i get a Government Loan for a Small Business?
While you cannot get a loan for small business directly from the government, you can take out a loan from a bank or other lending institution that is guaranteed by the Small Business Administration (SBA). The main loan program is called the 7(a) Loan Program, and it is designed for existing businesses and start-up businesses.
Can you take out a loan for small business credit cards?
Some banks will give you a loan for a small business if you have the proper credit. And yes, there are some credit cards available specifically for small businesses.
Can you sue for a car loan that you got for someone esle?
You can take them to small claims.
Can i take a loan against my car that is paid off?
Yes you can. Many credit unions and small banks will offer a secured loan for a vehicle that does not have a lien. Expect to pay higher interest for this type of loan. ----
Are 401k loan repayments pre tax dollars or post tax dollars?
After Tax Dollars. Any loan you take is repaid in after tax dollars and 401k loans are no different. The money you take out is not taxed so you get the benefit of that. Technically you can default on it and not repay it at all - then you are hit with the big penalty tax as it would be considered a distribution. So it's up to you - pay it with after tax money, or don't pay it and get hit with the tax and the penalty for early withdrawal tax.
where can i get a small business loan, that i do not have to repay?
You can take a small business loan, but you will have to repay it or face bankruptcy and having your assets seized. Instead you can pursue a grant, which you do not have to repay.
How do i get a Government Loan for a Small Business?
While you cannot get a loan for small business directly from the government, you can take out a loan from a bank or other lending institution that is guaranteed by the Small Business Administration (SBA). The main loan program is called the 7(a) Loan Program, and it is designed for existing businesses and start-up businesses.
Can you take out a loan for small business credit cards?
Some banks will give you a loan for a small business if you have the proper credit. And yes, there are some credit cards available specifically for small businesses.
Can you sue for a car loan that you got for someone esle?
You can take them to small claims.
What will rise my credit score?
A credit card, a small loan, do not take a big loan out your time cause it will take time to pay it back an if u miss one payment it will hurt I done that on my first loan and it almost messed me up
Is it possible for me to get a small loan for my business?
The biggest factor is whether you fully own the site. The bank will take that as high evidence that they'll be able to trust you with a loan.
Can i take a loan against my car that is paid off?
Yes you can. Many credit unions and small banks will offer a secured loan for a vehicle that does not have a lien. Expect to pay higher interest for this type of loan. ----
can i get financing for a golf cart in lumberton, nc?
Generally, you will not be able to take out a loan just for a golf cart. A good option is to take out a small personal loan from your bank to use towards purchasing the cart, then repay that.
Are 401k loan repayments pre tax dollars or post tax dollars?
After Tax Dollars. Any loan you take is repaid in after tax dollars and 401k loans are no different. The money you take out is not taxed so you get the benefit of that. Technically you can default on it and not repay it at all - then you are hit with the big penalty tax as it would be considered a distribution. So it's up to you - pay it with after tax money, or don't pay it and get hit with the tax and the penalty for early withdrawal tax.
What is a cash advance loan exactly?
A cash advance loan is a service where you take your check stub to a place and they lend you up to a few hundred dollars, you pay it back plus interest when you get your payroll check.
Can you take someone to small claims court if they refuse to repay a student loan that you cosigned for?
Yes, for Breach of contract.
What is the payback on a small business loan?
The payback of a small business loan will depend on the interest rate of the lending company. There are many options for loans from government loans, to personal bank loan, to using a credit card company. Investigating your options will minimize the cost.
