Answers about Loans

When someone pays back a loan quickly, it is often referred to as “early repayment” or “early payoff.” This can sometimes result in lower ov

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Loans

Is repayment to the lender a tax issue?

Asked by Anonymous

Repayment to the lender is not typically considered a tax issue, as repaying a loan does not create taxable income or deductible expenses. However, the interest

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Loans

Can you get more than one title loan?

Asked by Anonymous

Yes, it is possible to get more than one title loan, but it depends on the lender’s policies and your ability to meet their requirements. Some lenders may allow

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Loans

What is a person who agrees to pay the loan if the applicant is unable to pay?

Asked by Anonymous

A person who agrees to pay the loan if the applicant is unable to pay is known as a co-signer. The co-signer takes on the legal obligation to repay the loan if

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Loans

Where can i get a fast bad credit loan?

Asked by Anonymous

You can obtain a fast bad credit loan from online lenders that specialize in personal loans for individuals with poor credit histories. Websites like CashUSA, B

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Loans

How many business days does the SBA have to make a size determination before the contracting officer can award the contract?

Asked by Anonymous

The Small Business Administration (SBA) has 10 business days to make a size determination after receiving a request from a contracting officer. This period begi

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Personal Finance

+3

What is the volume measurement of Quicken Loans Arena?

Asked by Anonymous

Quicken Loans Arena, now known as Rocket Mortgage FieldHouse, has an approximate volume of 1.2 million cubic feet. This measurement accounts for the arena’s sea

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Loans

How long do you have to repay loan to deceased estate?

Asked by Anonymous

The timeframe to repay a loan from a deceased estate typically depends on the terms of the loan agreement and local laws. Generally, creditors must file claims

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Loans

+1

What information do you need to provide to apply for a loan?

Asked by Anonymous

To apply for a loan, you typically need to provide personal information such as your name, address, Social Security number, and employment details. Financial in

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Loans

What Would be your interest rate for a car loan with a FICO score of 672?

Asked by Anonymous

With a FICO score of 672, you would likely qualify for a car loan interest rate that falls within the average range for borrowers with fair credit. Typically, t

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Loans

How do you write a receipt for a loan?

Asked by Anonymous

To write a receipt for a loan, include the date of the transaction, the names of the borrower and lender, the loan amount, and the repayment terms. Clearly stat

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Loans

Why would dangerous conditions make bankers charge higher interest on loans for trade?

Asked by Anonymous

Dangerous conditions, such as political instability, natural disasters, or economic uncertainty, increase the perceived risk of lending. To compensate for this

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Loans

Can i get loan against property?

Asked by Anonymous

Yes, you can—if you own a residential or commercial property, you may be eligible for a Loan Against Property (LAP). Lenders generally consider: Ownership and c

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Personal Finance

+3

Double entries for settlement of hire purchase loan?

Asked by Anonymous

In a hire purchase agreement, the settlement of the loan involves two key entries in the accounting records. First, when a payment is made, a debit entry is rec

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Loans

What is an example of loan to value?

Asked by Anonymous

Loan-to-value (LTV) is a financial term used to express the ratio of a loan to the value of an asset purchased. For example, if a borrower wants to buy a house

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Personal Finance

+3

Loan for 1500 with bad credit no payday loans?

Asked by Anonymous

Yes, it is possible to get a $1500 loan even with bad credit, including payday loans. Many online lenders specialize in working with borrowers who have less-tha

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Personal Finance

+2

Is a conversation with a loan officer about a loan confidential?

Asked by Anonymous

Yes, a conversation with a loan officer about a loan is generally considered confidential. Loan officers are bound by privacy regulations and professional ethic

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Repossession

+4

What happens if I no longer have personal property for example home computers etc that were listed as collateral on a secured loan from a finance company if they try to repossess the items?

Asked by Anonymous

If you no longer have the personal property listed as collateral for a secured loan, the finance company may still hold you liable for the outstanding debt. The

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Personal Finance

+2

Will Jackson Hewitt offer their Money Now Loan this year?

Asked by Anonymous

As of my last knowledge update in October 2023, I cannot provide real-time information about specific financial offers from Jackson Hewitt or any other company.

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Loans

Did private lender deny nonwhite seeking loans for suburban housing?

Asked by Anonymous

Yes, historically, private lenders have been known to deny loans to nonwhite individuals seeking suburban housing due to systemic racism and discriminatory prac

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Loans

What is maximum amount of money offered by the direct Stafford loan for undergraduate student?

Asked by Anonymous

For undergraduate students, the maximum amount offered by a Direct Subsidized or Unsubsidized Stafford Loan varies based on the student’s year in school. As of

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Loans

+2

Are loans for unemployed the same as payday loans?

Asked by Anonymous

Not exactly — loans for unemployed and payday loan loans are different in key ways. Payday loans are typically short-term and come with very high interest rates. The

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Loans

+1

What is a UNCNS loan program?

Asked by Anonymous

A UNCNS loan program, or United Nations Capital Development Fund’s Non-Sovereign Loans program, provides financial assistance to projects that aim to enhance ec

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Loans

What is the modification of an existing product?

Asked by Anonymous

The modification of an existing product refers to making changes or enhancements to improve its performance, functionality, or aesthetics without completely red

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Loans

Is loan from a friend an asset or lliability?

Asked by Anonymous

A loan from a friend is typically considered a liability for the borrower, as it represents money that needs to be repaid. For the lender, it can be viewed as a

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Trending Questions

Your name is on the loan but not on the deed can they put a lien on your house? Is your loan a predatory loan? What is responsibility as an heir to deceased’s loan? If you are a joint mortgage holder and the other person on the mortgage files bankruptcy how does that impact the mortgage? Can a student loan garnish you while you are already being garnished? Is it difficult to get a home loan with a credit score of 611 or greater? When is Jackson hewitt going to do the holiday loan? My mother-in-law is wanting to quick claim deed her land to us but my father-in-law Who just passed away and her name is not on the orginial title but she is on the mortgages how do we fix this? What is the lowest interest rate banks can offer called? I put a down on my car and make all the payments. No credit to go on my own but now the other person is out of my life. How do you remove the primary on an auto loan and add a cosigner? If your husband co-signed for a car loan for his daughter and she has been late on several payments can this affect your credit rating? What action did farmers take when they bought equipment on credit and were unable to pay their loans? When you pay off a car loan and you already have the title what do you do? How do you put your car loan in someone else’s name? What are the pros and cons for cosigning a home loan? How to Avoid Falling Behind on your Farm Mortgage Payments? Does the lender issue an estoppel certificate? What is a loan – repayment plan in which the principal plus interest is repaid at once? What happens if your house goes into foreclosure do they come after you for the remaining balance on the loans if they don’t get enough money to pay the loans off in auction? If your bank admits that your mortgage payment was 43 days late because of an error on their part how many points will your credit rating change when this error is adjusted?

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