My ex-son-in-law deducted mortgage and tax expenses on a home that he secured the loan for, was on title for, but never lived in the house nor contributed financially toward that in which he wrote off. This house was never his primary residence. It would not qualify as his secondary residence since he [...]
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Can someone please tell me the positives & negatives of aquiring an auto equity loan?
Can I refinance a current auto loan into an auto equity loan? My primary motivation for wanting an auto equity loan is so I can deduct the interests from the auto loan against my income. Serious answers only, please.
Should I refinance my car?
My mom financed a car for me last year. She is the primary person on the account, and I was a co-signer, because I had just graduated from college and didn’t have a good job yet. Now I am finacially settled, have good credit, and have paid all but $3,200 of the $7,000 loan [...]
If you do the same thing over and over, yet expect a different result – is that a sign of INSANITY?
● Bear Stearns 2008
JP Morgan Chase and the federal government bailed out Bear Stearns when the financial giant neared collapse. JP Morgan purchased Bear Stearns for $236 million; the Federal Reserve provided a $30 billion credit line to ensure the sale could move forward. $30 billion
● Fannie Mae / Freddie Mac 2008
The near collapse [...]
Tax Question: Should I buy rental property with a mortgage or take out a home equity loan?
I am buying a rental property for $50K. I will put 10K down so I need to borrow $40K
I have 2 offers that will determine whether I will apply the mortgage interest on my schedule E for rental property or as an itemized deduction on my 1040.
Home equity loan against my primary house at 6.09% [...]
Will I be able to take my name off a car my husband and I bought together when we were married?
I’m currently financing my auto loan through Chase Automotive. I’ve been divorced since March of this year. I have repeatedly asked my husband to take his name off this car as he is the co-signer. I have also called Chase and they told me he has to send them a letter and [...]
Personal Loans
Finaccords report titled Creditor Metrics: Consumer Approaches to Payment Protection Insurance linked to Personal Loans and Consumer Credit in Europe, offers detailed and unique insights into the behaviour of consumers in the context of insurance that protects the payments linked to their non-mortgage loans.
Student Loans are the New Indentured Servitude « Dprogram.net
What they didn’t go into is that their primary interviewee is drowning not on expensive cars loans but student loans . This former student’s debt is far from extraordinary. It is, in fact, tragically ordinary, as student loans have …
Anonymous Banker: Banks are the primary barrier to Small …
While we all know that working capital loans are repaid from asset conversion: Inventory into Cash or Receivables into Cash; the banks now take the working capital line and hold it to full debt service coverage ratios typically …
