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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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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123
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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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156
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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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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 ...
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Underwriters refusing to use TheWorkNumber
Earlier this year, an underwriting department informed me they are no longer allowed to accept TheWorkNumber for employment verification purposes on any Fannie Mae Freddie Mac loans because of ...
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