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How old do you have to be to get a loan in Massachusetts?

You have to be an adult, 18, to sign a legal loan document.


Sample of promising letter?

A sample of a promising letter can be a letter that promises to pay back a loan. This type of letter is called a promissory note.


Can you back out of a newly signed auto loan?

You have entered into a loan agreement. This is a legal document that binds you to repay the loan. You cannot return the car as the cooling off period law does not apply to the purchase of autos, and cannot get out of this agreement.


Can my LLC loan me money?

Yes, your LLC can loan you money, but it's important to document the loan properly to avoid any legal or tax issues.


How do you drop a property co signer?

You need to discuss it with whoever you co-signed a legal document with: mortgagee, landlord, lender, etc. If it's a loan, it usually must be paid off.You need to discuss it with whoever you co-signed a legal document with: mortgagee, landlord, lender, etc. If it's a loan, it usually must be paid off.You need to discuss it with whoever you co-signed a legal document with: mortgagee, landlord, lender, etc. If it's a loan, it usually must be paid off.You need to discuss it with whoever you co-signed a legal document with: mortgagee, landlord, lender, etc. If it's a loan, it usually must be paid off.


Do you have to pay a Tennessee title loan back if you never had a clear title?

Absolutely. You still borrowed the funds to purchase the property and you signed a note promising to pay the loan.Absolutely. You still borrowed the funds to purchase the property and you signed a note promising to pay the loan.Absolutely. You still borrowed the funds to purchase the property and you signed a note promising to pay the loan.Absolutely. You still borrowed the funds to purchase the property and you signed a note promising to pay the loan.


Does a co-signer help with your credit?

No. A co-signer helps you borrow money and helps the lender by promising to pay your loan if you default.No. A co-signer helps you borrow money and helps the lender by promising to pay your loan if you default.No. A co-signer helps you borrow money and helps the lender by promising to pay your loan if you default.No. A co-signer helps you borrow money and helps the lender by promising to pay your loan if you default.


If you leased a car out to a family member and the loan is not paid off an they are trying to skip town what do you d0?

If the loan is in writing as a legal document you can take them to court for breach of contract.


Does the lender have to have a lien on the title to repossess?

No, they just have to have proof you borrowed money and used the car a collateral for the loan. The contract you signed promising to pay them back is that proof.


What is the difference between a legal charge and a mortgage?

A mortgage is a loan secured by real property.A legal charge in some jurisdictions is the right a lender has to take that property if the loan is not paid back.


How old do you have to be to get a loan?

An individual must be at least eighteen (18) years of age to be able to sign a binding legal document (which includes loans).


What is the difference between a bank loan and notes payable?

I think a bank loan is when money is borrowed from a bank with the expectation that it will be repaid, and notes payable is then the accumulation of all loan amounts expected to be repaid according to each note (the legal document with the stipulations).