Sentences with phrase «if borrowing money»

If borrowing money from a friend or family member seems like the only solution for you, then there is a good chance a car title loan can be very beneficial.

I wouldn't borrow money to get out of debt unless it's an absolute emergency and if borrowing money actually helps you to improve your predicament.

And if you borrow money you could end up paying the price.

If you borrow money and can't repay it, your personal assets are at stake.

If I borrowed money at 18 or 20 percent, I'd be broke.»

If you borrowed money from the federal government to pay for your education, your school will require you to complete exit counseling.

If you borrow money from XYZ Bank, XYZ Bank becomes your lender.

If you borrowed money to pay for graduate school, you have 25 years to repay the debt.

So if you borrow money to buy a house or a car, if you take out a student loan to pay for college, or if you borrow in a personal loan, you don't count that as income.

If you borrow money from a bank or make a transaction at a bank, the transaction is recorded once (twice if you have it send to your cell phone).

Firstly, all loans have consequences if you borrow the money but then refuse to pay it back.

If you borrowed the money to drill your wells in the first place, you need cash flow to service your debt.

If you borrow money, it's easy to get in over your head time and time again.

«I'm hearing about property tax rebates in an election year... Do you think that anybody is going to be fooled if you borrow money to send checks to senior citizens in the middle of an election year?

If you borrowed money from a bank, and then said you will pay the money back in five years, how long would you stay in business?

If you borrowed money from family members or you agreed to split a big expense with a friend, you could just hit the ATM when it's time to pay them back.

If you borrow money, you have a moral and legal obligation to pay that money back.

I think the most important thing to teach kids is that if they borrow money they always have to pay it back.

If you borrow money to pay for them, those indulgences could end up costing you a lot more than their face value.

If you borrow money, pay off your credit cards and then charge them back up again, you're in worse shape than ever.

If you borrowed money from a family member and there was no mention of you paying it back, pay them back anyway.

If you borrow money from a friend or relative this is the most basic type of signature or unsecured loan.

«In any case, if you borrow money to invest in property, stocks or your education, you need to have a long - term, actionable investment strategy in place so the money is not simply wasted,» says Campbell.

To be clear, if you borrow money, you have a moral and legal obligation to pay that money back but sometimes in life there are overwhelming financial circumstances that can only be alleviated through bankruptcy relief.

If you borrow money with the specific intent of discharging the debt in bankruptcy instead of paying it back, the debt may not be dischargeable.

If you borrowed money to make the down payment on the rental property, interest on that loan is also deductible.

However, if you borrow the money from the bank, it charges you the interest.

This means if you borrow money on a Monday, you can cancel your loan until the lender closes on Tuesday.

First, the time and money spent acquiring the degree or skill set were not spent wisely, especially if you borrowed money.

If you borrow money with a 4 % annual rate, you will pay the lender 4 % a year on the balance due until the loan is paid off.

Now, if you borrowed money to pay for the property, then it might be a bit more difficult to make this trade profitable, but one approach could be to increase the rent you are charging the tenant to help handle the interest payments.

If you borrow money, interest is the amount you pay to borrow the money.

If you borrow money just because you want to enjoy yourself, that is, you just want to feel good, I will say that such loan is a bad debt.

However, if you borrow the money...

If you borrow money that you are expected to repay, the mortgage lender will need to calculate this into your income to debt ratio.

The federal funds rate (FFR), the interest rate of all interest rates, is calculated by the Federal Reserve and determines how much a bank needs to pay if it borrows money from another bank.

I also wonder about this question, and I would like to know if using covered calls would nullify the tax benefits of a «Smith Maneouvre» strategy (i.e. if i borrow money to invest in a stock AND writing covered calls on them, is my debt's interest still tax deductible?)

If you borrow money to invest, you can make a claim if you meet these three criteria: First, the interest costs must be payable during the taxation year in question.

So if you borrow money to purchase stocks, bonds or an investment property, you may be able to claim the interest on that loan to reduce your taxable income.

Unfortunately, in most cases the government won't let you deduct the interest if you borrow money to buy investments inside your RRSP or other registered accounts, such as an RESP.

That means if you borrow money to buy stocks or bonds, you can probably claim the interest on the loan.

Otherwise, if you borrow money to pay for your usual lifestyle, you will likely regret about this when your friend will ask to return them.

If you borrow money to buy a house, you should apply for a mortgage.

If I borrow money from my HELOC (home equity line of credit) to invest in mutual funds, would the HELOC interest payments be tax - deductible?

One thing I looked into is that if you borrow money to pay the interest on a tax deductible loan, the new money borrowed IS deductible (so you can let the loan compound).

If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same if the value of the securities purchased declines.

If you borrow money to trade securities on margin — or if you own highly leveraged investments such as futures contracts — your broker will ask you to sign a «hypothecation agreement.»

If you borrow the money from a family member and fail to repay, you might lose an important relationship and if you signed a contract, you could be sued.

If you borrow money for college, it's important to do what you can to limit or reduce the amount you borrow.

If you borrow money to buy back stock, while holding on to your cash (which is effectively what Apple did), the cash effect on PE will be greater, because cash as a percentage of market capitalization will increase.