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What else can I help you with?
What is the difference between Roth IRA and a traditional IRA?
A Roth IRA is funded with after-tax money and you do not pay taxes when you withdraw the money. A Traditional IRA is funded with pre-tax money and you pay taxes when you withdraw the money.
What is in principle loan?
You borrow money and must pay back in full plus interest.
How do customer feel that wants to borrow money from the bank to start a small business?
they have to pay the bank back
What are the problems of bank lending in the U.S.?
Well, when you borrow money, you get in a lot of debt if you don't pay the bank back. What happens is: because you're in debt, you'll borrow more and more money, which you won't be able to pay back. You'll need some serious help.
What do people pay to borrow money?
The loan is called the principal. People pay interest to borrow money, but payment is interest plus money toward the principal.
Can you borrow from the same lender to repay a student loan?
i think you should not borrow the money because how are you going to pay back but if you have a plan to pay back go ahead and borrow
Do you have to pay money back?
Ethically: If you borrow, you should repay.
Can I borrow money from you now and pay you back in the future?
I am unable to lend you money at this time.
What it cost to borrow money?
nothing you borrow it and you pay it back in a certin amount of time in smaller amounts
Stock on margin?
It's to borrow money from the bank and pay back later.
What is the difference between Roth IRA and a traditional IRA?
A Roth IRA is funded with after-tax money and you do not pay taxes when you withdraw the money. A Traditional IRA is funded with pre-tax money and you pay taxes when you withdraw the money.
What is in principle loan?
You borrow money and must pay back in full plus interest.
What are the types of IRA's are there and what are the benefits of each?
IRA stands for Individual Retirement Account. Some types of IRA include roth and traditional IRA. Traditional IRA is where you pay taxes in the back end when you withdraw money in retirement. Roth IRA allows you to pay taxes in the front end without having to pay taxes in the back end. Roth IRA allows you to let money in your account get larger and larger in amount while traditional IRA forces you to start withdrawing by ages seventy-and-a-half.
What is an agreement between a consumer and lender to borrow money and pay it back in increments called?
loan
What does money costs of 7 percent mean?
If you borrow a sum of money you will have to pay back 7% more than you borrowed.
Do you get the money for college in The Game of Life?
No, the money you borrow for college you have to pay back at the end of the game. It is just student loans.
Is it legal to borrow money to pay off an others mortgage and require them to pay back as a loan?
If you have the means to borrow money, you may spend that money in whatever manner you choose. The important question should be: Is it wise to pay off another persons mortgage? NO. If they cannot pay their mortgage they probably cannot pay you either.
