Loans and Credit

Can I write off gifted money? In my experience, yes, in certain circumstances, but no in others. You cannot write off the value of presents you make (other than eligible charitable contributions).  Tax-deductible contributions are only available to qualifying organizations.  However, that is not all; as you read, I will educate you on all you […]

Would you want to know if hedge funds can make you rich? Good question; I thought of this year’s long, but now I am a living witness to it.  So I could tell you every advantage of a hedge fund in touching your finances. Categorically Sure, starting a hedge fund is a long shot.  But

Would you want to know if hedge funds can day trade? Well, they can day trade, based on my experience traveling this path.   Many hedge funds employ day trading to diversify their portfolio or boost their returns – yet the day trading model may need to fit better with the goals of many firms.  Hedge

Do you want to know if a mortgage company forces you to refinance? Based on my experience, I’ve heard people screaming that the mortgage company is trying to force them to refinance about a month after the close because of an internal screening mistake or an impaired asset.  They would pay for it, and we

Can you tell me if the bank can withdraw a mortgage offer? Based on my experience, yes, a mortgage deal can be taken back at any time by the lender or bank.  But because it’s a legally binding deal, the lender can only back out of it under the rules of the offer. Before taking

Would you want to know if a mortgage offer can be declined?  From my experience, a mortgage deal can be turned down or declined, as the case may be. They will not give you the loan if they find anything that doesn’t fit their banking policy.  Once you make an offer on the house and

Do you want to know if motorcycle loans are considered auto loans? Based on my experience, A motorcycle loan is a specialty loan that functions similarly to an auto loan, using your motorcycle as collateral to secure the loan.  Depending on the lender, you can use a motorcycle loan to finance the purchase of typical

Would you want to know if mortgage payments the same every month? Well, based on what I know and what I’ve learned, getting your first mortgage is a big step in your life.  A mortgage is very useful because it lets you buy a home without having to put down hundreds of thousands of dollars

Would you want to know if mortgage payment is fixed? From my experience and what it means, a fixed-rate mortgage is a type of home loan that has a single interest rate for the whole loan time.  The interest rate on the mortgage stays the same for the life of the loan, so the renter

Would you want to know if hedge funds are worth it? I’ve seen that hedge funds use complicated investment methods to get better returns.  These can include using leverage, swaps, or different types of assets. Hedge funds, on the other hand, charge high fees and may not be as straightforward or safe as other assets.