Questions tagged [loans]
This tag is a generic tag to be used when asking a question on Loans / lending. If there is a specific question the other related tags like home-loan, student-loans, etc should be used.
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How does “Velocity Banking” actually work?
I’ve seen this mentioned a few times now in various financial articles, but it smells like some kind of “system” a gambling addict would come up with to “beat the house”. Doing a web search on it, I ...
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Tracking Loan Made to someone in Mint
I loaned my son money for his car and he is now paying this back with monthly payments. Is there a way to track that within Mint? Tried setting up different account types, but none of them seem ...
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FHA Loan for legal alien
I'm trying to get approved for a FHA loan and I'm 95% there, was supposed to close in 2 days but we made an extension since we're experiencing some complications.
My family and I applied for ...
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Does a loan for purchasing land provide a tax benefit?
I want to take a loan for land. In the future we want to build house on it, but now we can only afford the land. Would this be a personal loan or home loan?
If I take this land loan can I benefit in ...
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Can we hand over blank cheques to a bank when applying for any kinda loans?
I applied for a 4 lakh car loan with HDFC Bank, but before they will approve it, they require four blank cheques with my signature. Is it safe to give the bank those cheques?
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COVID-19 SBA loan forigveness
The COVID-19 Paycheck Protection Program includes provisions for forgiving those loans.
Normally when debt is forgiven you have to pay taxes on the forgiven debt.
Will recipients of Paycheck ...
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What does indemnity mean in a "Historique Espèces" (~= history of cash operations) of a securities account in a French financial institution?
I am reading in a "Historique Espèces" (~= history of cash operations) spreadsheet of a securities account in a French financial institution, namely Fortuneo. It says:
I'm quite confident that indemn....
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Borrowing or raising funds against ISOs
I have some ISOs that are exercised (early exercised/bought) from two different companies I worked at. Their current values are around $15k each.
These amounts aren't enough to transact with ...
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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 ...
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Why does total interest paid per year increase as I pay down my loan (fixed rate loan)
I have a house loan at a 4.25% fixed APR rate with CitiMortgage. Comparing the total amount of interest I've paid recently, per Citibank's statement I paid $6684 in interest during year one of the ...
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How can I stop the IRS from withholding refunds for a student loan that is already paid off?
I paid off my student loan over 10 years ago. The IRS is now withholding my refunds. How can I prove this loan has been paid?
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Buying a new car - price dropped while awaiting delivery
People!
I've been doing okay financially and recently ordered a new car (Middle of April).
While the vehicle is expected to be delivered in the next 2 weeks, I noticed that the dealership website has ...
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Canadian Tax on Loan against FD in NRE account
I have Fixed Deposits [Term Deposits] in HDFC NRE account in India. If I take loan against it and transfer loan funds in Canadian dollars to Canada, do I need to pay any taxes in Canada?
Do I need ...
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121
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How to read loan estimate, what to look for?
We are buying a newly constructed house and have been trying to compare loans from 2 different lenders (builder lender and our own lender). They both sent us the loan estimate sheet in similar format ...
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Am I eligible for a CDC/504 loan as a sole proprietor?
I have a sole proprietor software consultant business, and I am thinking of buying a small office because it would be a better investment than my current office rental. I was looking into loans for ...