Loans

The bank can refuse a payment if it is not enough to pay the past due amount. In this case, you may need to contact your bank about payment options.

I am in an urgent situation. Unable to make the payments on the credit card bills.

No, The only way a vehicle can be returned to the dealership if it is explictitly written on the "we owe" paper, and signed by you and the finance manager. There is no 72 hour right of return clause on automobiles where I live. It is definitely a buyer beware market.

Check with your lender. But in general - yes.

Be aware of predatory lenders and predatory lending practices.

y7gt7y

One-third of ANY number is less than half of that number - no matter what number you pick.

interest

can anyone tell me what a escrow coded account is, and if so the terms of such an account in respect of it being dormant for less than 60 days, and whether a fee is charged to re-activate.

28,800,000

No way, no how.

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This answer is incorrect. You CAN deduct interest from personal loans in some circumstances. If you're a business owner and take out a personal loan for business expenses, you CAN deduct the interest as a business expense. If you own a rental property and use a credit card to make repairs to the property or take out a personal loan to make improvements, you CAN DEDUCT the interest from your taxes. The IRS has entire chapters devoted to this topic on its web site.

Maybe the confusion is that for tax purposes it is the use of the interest/loan, not if your a Corporation/LLP/Trust/Proprietorship, etc. It is interest for "personal use" that has a problem.

Correcting the above, back to the original: The examples given are NOT personal interest. They are loans made for a business purpose. They are loans taken, or expenses, incurred in the course of making taxable income. (Like interest on the margin account on your stock investments may become deductible).

The only personal interest that may be deductible is on qualifying mortgages for a house.

Interest on a corporate credit card that someone incurred for purchasing say haircuts for their own use, would NOT be deductible.

A half of one third is one sixth.

1/2 of 1/3 is 1/2 x 1/3 = (1x1)/(2x3)=1/6

The bank will start foreclosure proceedings. They will file a complaint against you in court and seek judgment. The house can then be sold in a sale or auction.

180

The Primary Mortgage is that relationship that exists between a lender and a potential borrower. on the other hand, the Secondary Mortgage Market is the relationship that exists after the loan is closed and the lender markets the collateral of that loan for sale to an investor.

Possible fraud charges.

There is no antonym of mortgage. The opposite of owning a property that is encumbered by a mortgage is owning a property that is free of any debt.

You can no longer amortize goodwill. Instead you annually test it for impairment.

If it was taken out before you were 18, it's your parents. After that, it depends on the kind of student loan, and who signed the papers.

murk

Security for a Loan is nothing but some form of guarantee to the loan issuing bank that a major portion of the loan can be recovered even if the borrower (You or Me) defaults.

Ex: Spouse or a friend or bank deposit receipts or gold jewelery etc. The presence of such security would enhance our loan eligibility.

To amortize means to wipe out a debt gradually or in instalments, or, more generally, to permanently alienate.

Possibly. If you have enough equity in your current home to do a "Cash-Out Refinance" or "Home Equity Loan" to pay the total cost of the new home, then the answer is yes.

However, you cannot use the current equity in your home for a down payment on the new home. These loans used to exist (they were called "Bridge Loans"), but I am not aware of any lenders that offer Bridge Loans at this time.

So I heard the number of returns completed in a kiosk location at like a Wal Mart location is about 100-200 returns at an average of 150.00 per return. Then there is 2,000 for the location rent at this kiosk small location per month and the actual tax preparer's salary. So, what's the income? I think you need to own alot of them in order to turn over a profit. I know someone who own over 10 of them.

You do not have to pay off all of the original loan to get more loan money, but you must get back into good standing with your lender (or the federal government--whoever holds the loan now). Look yourself up on the National Student Loan Data System (www.nslds.ed.gov) to look yourself up and get contact information about who holds your loan. Contact them and find out what you need to do to get back into good standing. Many times lenders will not put you into good standing until you've made at least 12 on time payments--but find out what your lender requires.

Generally until you are back in good standing, you're not eligible for any federal financial aid, including loans.

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