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13y ago

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What is the best fee for a payday loan?

The best fee for a payday loan should be something reasonable yet something that the company can benefit from. Anything from 5-15% of said loan would be a good rate.


Can you get a loan on child tax Benefit?

Try loan express or cashx!


Can I claim the benefit of housing loan if the property is in my wife name?

Yes, you can claim tax benefits on a housing loan even if the property is in your wife’s name, but only under certain conditions. The key requirement is that you must be a co-borrower of the loan and should have actually contributed to the repayment (EMIs). In such cases, you can claim: Deduction under Section 80C (up to ₹1.5 lakh) on principal repayment Deduction under Section 24(b) (up to ₹2 lakh) on interest paid However, if the property is solely in your wife’s name and you are neither a co-owner nor a co-borrower, you generally cannot claim tax benefits, even if you are paying the EMIs. Ideally, your name should be included as a co-owner in the property to fully avail the benefits. Many banks, including Canara Bank, offer joint home loan options that make it easier for spouses to co-own property and share tax benefits, while also improving loan eligibility. So, to claim housing loan benefits, ensure you are at least a co-borrower (and preferably a co-owner) in the property.


Is a loan company not a financial intermediary?

true a loan company is not a financial intermediary


What do you think is a benefit of having a fixed interest loan?

A benefit of having a fixed interest loan is that the interest rate remains the same throughout the loan term, providing predictability and stability in monthly payments.


Is it fraud for a power of attorney to take out a home loan?

If the home loan can be proven to be to the benefit of the principal then there should be no problem. If it is to the benefit of the agent alone then the matter has to be investigated.


Can a co-signer call call the loan company to reposed your car?

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Can someone on social security benefit's cosign for a loan?

Yes, someone on the social security can be able to cosign for a loan. The person cosigning the loan however has to have good credit regardless of his availability on the social security benefit.


You recently got fired from your job at a small loan company you also have a loan with them what happens now that I have no income to make my payment?

Generally, your status as a recepient of the loan is unrelated to your status as an employee. (Frequently, the loan itself is no longer owned by the original company and has been sold to another, although the original one may service it, that is - accept payments and accounting for the new owner). Hence, you can expect the company to respond like it does to any customer that fails to make the payments on a loan. That your ability to pay may be caused by your work status is not a consideration. Sometimes, the lender may have provided a special rate or terms on the loan as a benefit to an employee. Depending on the specific agreement, the loan terms may change, generally the benefit ceases after a certain time (or the loan may even become due) when you are no longer an employee. That means your payment may increase. Look at your particular loan documents.


When was The Benefit Company created?

The Benefit Company was created in 1997-11.


What is the journal entry to write off a loan to a company?

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Is a loan with the lowest rate usually a good loan or not?

Each Loan offering company has its own rules and regulations and yes its possible that a company offering a loan on easy terms and conditions or on lowest rates is a an authentic company who is offers quality loan packages.