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It is possible for a person at age 77 to qualify for a personal loan from Scotia Bank, as eligibility criteria can vary. Factors such as credit history, income, and debt-to-income ratio will be taken into consideration during the loan application process. It is recommended to contact Scotia Bank directly to inquire about specific requirements for personal loans.
What else can I help you with?
Is a person who is 65-years-old and retired responsible for paying a loan they co-signed for if the owner defaults?
Yes - unfortunately when you cosign a loan - you cosigned a loan and if the owner defaults you are still responsible no matter how old you are. You could check with the lenders but wait until they contact you.
Can a house that was inherited with a reverse mortgage then be reverse mortgaged by the person who inherited it and yes they are over 62 years old?
Yes, the person who inherited the house can choose to obtain a reverse mortgage on the property, provided they meet the age requirement of being over 62 years old. They would need to go through the normal process for obtaining a reverse mortgage, including meeting with a HUD-approved counselor and receiving the necessary financial counseling.
Are federal student loans forgiven at age 65?
Federal student loans are not automatically forgiven at age 65. However, for certain federal student loan programs and repayment plans, any remaining balance on the loan may be forgiven after a certain number of years of qualifying payments or through programs like Public Service Loan Forgiveness. It's important to check the specific terms of your loan and consult with your loan servicer or a financial advisor for more information.
Are student loans forgivinen at age 65?
If you signed a federally-backed loan that is administered by the US Department of Education and therefore made directly by a government agency, the loan is automatically forgiven if/when: you become disabled, you turn 65, upon your death. If you have a loan with and through a private lender, those general guidelines do not apply.
Can a minor open TD account with senior?
Yes. There are no restrictions as to who can open a Term Deposit account. Let's say you want to deposit $10000/- towards your sons college funds, you can visit your nearby bank branch and open a TD as a joint account between you and your son.A minor is a person who has not completed the age of 18 years. As such according to Section 11, of the Indian Contract Act of 1872, a minor is not competent to contracat. Therefore, any contract entered into by a n\minor except those fjor the necessaries of life supplied to him, is void ab initio, and are therefore unenforceable.However, a banker can open a savings bank accout in the name of a minor and he runs no risk, as long the account is in credit.Similarly, a banker can also open a Term Deposit account in the name of a minor provided he doesn't give loans to the minor. This is because a banker will have to face risks when he gives a loan to a minor because he cannot recover the loan amount from the minor, who is not competent to contract.In case a banker decides to grant a loan to a minor for the necessaries of life for him, it is necessary to satisfy himself that the minor has got sufficient property. This is because a minor's property can be made liable, but a minor cannot be personally made liable for the loan.In the eyes of law, a minor is a pampered child. Hence, a minor can become a major problem.M.J. SUBRAMANYAM, XCHANGING, BANGALORE
I am a self-employed person. Will I get a personal loan from a bank Will the amount be different?
Yes, as a self employed individual you can get a personal loan from a bank. Some banks offer it at different rates to the individuals while others need extra documentation for the loan. You will need to check with your bank about it.
How can one have a personal loan from a bank?
To have a personal loan from a bank you need to have a bank that you have an account with and a financial advisor at that bank. You'll meet with them to tell them why you need the loan and how you will pay it back.
Can an individual get a personal loan from a bank?
Yes and individual can get a personal loan from many banks. This is especially more easy if it from a bank that one has been with for a long time. Getting a personal loan from a bank is very popular.
How does one apply for a Bank of America personal loan?
Bank of America's person loan applications can be obtained online at their website, by speaking with a customer service agent at a branch, or by calling them.
What exactly is scotiabank line of credit?
Scotia Bank is large international bank, and a line of credit is an agreement with this bank that they will loan you money when you ask for it. The loan is based upon equity that you have such as your house.
Where is it possible to get personal loans with the Bank of America?
To get a personal loan from Bank of America one must contact someone at a branch of the bank to see if they qualify for a personal loan. The representative will fill out the required paperwork and if qualified the personal loan can be obtained.
Where can a person go to see comparison car loan rates in Toronto?
One can see comparison car loan rates in Toronto from Bankrate, Monitor Bank Rate, and Car Loans Canada. Other places include Capital One and Scotia Bank.
Where could a person go to get a personal loan in the UK?
For United Kingdom residents, obtaining a personal loan requires many factors, most practically an institution that will loan the money. Locations for this include Halifax, Tesco Bank, and Derbyshire.
Where can one apply for a loan for home renovations?
One may apply for a loan for home renovations through their local banks. These include banks such as Scotia Bank, TD Canada Trust, Royal Bank or Bank Of Montreal.
Bank of the Philippine Islands personal loan application?
personal finance
How can a personal loan be obtained at the Citibank?
One can obtain a personal loan from the Citi Bank by filling out the loan application form. It will take at least a week or two for the Citi Bank to review the application.
How can you get a personal loan without a bank account?
You cannot. Banks usually expect an auto-debit instruction from a bank account for the monthly payments for the loan. That can happen only if you have a bank account and so you cannot get a personal loan without a bank account. Banks would ask you to open an account if you want a loan with them.
