All Questions
11
questions
-1
votes
2
answers
129
views
Kiwi Lad In Need [closed]
So I’m based here in New Zealand. I would like to know how I could raise $1000 in a few hours? Sadly without notice I laid off yesterday. On top of that I suffer from depression and anxiety, due to ...
- 7
40
votes
13
answers
12k
views
Is there a price point beyond which it no longer makes sense to buy an apartment or house?
I am in a very frustrating situation right now. I have accumulated a decent amount of value in cash and stocks. My wife and I however are still living in a rented small flat in our town in Austria ...
- 563
2
votes
2
answers
314
views
Can I use my investment savings as a source of income to be considered for a loan?
I'm currently receiving public benefits from the Social Security Administration and my state's Supplemental Nutrition Assistance Programme (SNAP). I've been on these programmes for many years. I've ...
- 282
2
votes
0
answers
184
views
When I'm applying for a loan, how do I report my annual income if my income changes from year to year?
When I'm applying for a loan or a credit card, the application usually asks for my annual income—the amount of money I make each year.
The problem is that I don't make the same amount of money each ...
- 3,447
1
vote
7
answers
606
views
Why is proof of income requested for certain loans but not others?
I have over 100K in credit available, and have NEVER been asked for proof of income. In fact, my income is far below 1/8th of my credit line. I can probably buy a Rolls Royce with credit, which is the ...
-1
votes
2
answers
216
views
Starting a large business with a not so large income? [closed]
It's something people here don't like talking about, but how would one accomplish the funding of a highly expensive business when they themselves don't possess a high income? It would seem that this ...
1
vote
0
answers
185
views
Is interest-free loan to a domestic partner taxable?
Let's say I want to transfer $20,000 as a gift to my fiancée. After a few months (within the same year) she returns the money back to me, with no interest, as we agreed beforehand.
Does this imply ...
- 121
2
votes
2
answers
8k
views
How are RSU's factored into Income during loan qualification?
I'm new to the tech industry and was wondering how RSU's factor into loan qualification.
RSU's particularly at more established companies are essentially cash. They may change with the stock price ...
- 461
4
votes
1
answer
2k
views
Is the repayment of monies loaned to my company considered income?
I have been working diligently for years to get my business off the ground. I have been funding its monthly operation via my personal funds, each month lending the company (an LLC) just enough to pay ...
- 41
2
votes
1
answer
4k
views
In what category would I put a loan I took to pay an expense
If I have to pay my phone contract which is 1000 and I took a loan of 2000 with interest of 300 to pay that phone contract, in what category would you put the loan - an expense, an income or both ?
...
- 123
4
votes
3
answers
2k
views
Can future rental income be applied to present debt-to-income ratio when applying for second mortgage?
If someone wants to purchase a second home as a source of rental income (and potential investment), would (or could) a lender apply the estimated future income from rent on to the present debt-to-...
- 454