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  • Zero Debt for College Grads: From Student Loans to Financial Freedom


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  • Business Loans From Family & Friends: How to Ask, Make It Legal & Make It Work


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    • loan from FAQ

    Is a loan from a relative to purchase property tax deductable?

    May 27, 2008 by Michael S | Posted in United States

    I am about to ask a relative for a loan to purchase a land parcel for a future home site. I am going to pay back the loan plus interest just as if it were from a financial institution. Is the interest tax deductible? What paperwork would we have to draw

    The interest could be deductible--it depends. If the land is deemed investment property, you may be able to deduct it as investment, assuming you have investment income. If it is to be income-producing property, it would be deductible once rental property

    botygy | May 27, 2008

    The interest could be deductible--it depends. If the land is deemed investment property, you may be able to deduct it as investment, assuming you have investment income. If it is to be income-producing property, it would be deductible once rental property
    botygy | May 27, 2008

    What is the difference between a federal loan from a univeristy and one from a bank?

    May 24, 2007 by Trumania | Posted in Financial Aid

    What is the difference. For example typically your financial aid office will award you say a federal Stafford loan and you just sign the promissory note for the lender.

    But what is the difference from doing that through your school and

    It is the same thing. The school doesn't actualy award you the loan, you just fill out the paperwork there, a bank is actualy loaning you the money.

    It doesn't really matter which bank you go through. You will get the same grace period

    mnm | May 24, 2007

    It is the same thing. The school doesn't actualy award you the loan, you just fill out the paperwork there, a bank is actualy loaning you the money.

    It doesn't really matter which bank you go through. You will get the same grace period
    mina m | May 24, 2007

    How about taking loan from REPCO bank? Friend is offering me 25 lakhs loan to make a home?

    Oct 11, 2007 by Sree | Posted in Other - Business & Finance

    My friend who is manager in Repco is interested to give me 25 lakhs as home loan. Interest will be more or less like the same as other banks. But my question is, is there any problem if i take loan from this kinda of banks? She is trying to improve the

    Ensure that your documents are kept in safe custody and the services are not person centric i.e tomorrow somebody comes as manager in place of your friend he should provide the same service. Thats it.

    Naren | Oct 11, 2007

    loan from news

    Federal Student Loan Interest Rate Set to Double

    18.05.12

    But with thousands of dollars in student loans piling up, Lail might drop out of Appalachian State University before she has the chance to earn her undergraduate degree.

    Lail, 22, owes $26,000 in federal Stafford loans. With the interest rate on Stafford loans set to double in July, the 2008 Crest High graduate can’t afford the additional debt. She made the painful decision to drop out of school if the interest rate of federally subsidized Stafford loans increases from 3.4 percent to 6.8 percent.


    Source: LoanSafe

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    Tracking mortgage's owner can be ordeal
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