If you’re self-employed and in need of financial assistance, you may be wondering how to get a PPP loan . Here’s what you need to know. Checkout this video: What is a PPP Loan? A PPP loan is a Paycheck Protection Program loan, which is a loan designed to help small businesses keep their workers…
If you’re a small business owner, you may have heard of the Paycheck Protection Program (PPP). But what is a flagged PPP loan? Here’s what you need to know. The PPP is a federal loan program that provides small businesses with funding to help them keep their employees on the payroll during the COVID-19 pandemic….
If the primary borrower on a car loan dies, the cosigner may be held liable for the remaining loan balance. It is important to know what your options are in this situation so that you can make the best decision for your finances. Checkout this video: The Car Loan Process If you’re the primary borrower…
If you’re looking to buy a second home, you may be wondering how to get a loan for it. Here are a few things to keep in mind when seeking financing for a second home. Checkout this video: Introduction If you’re in the market for a second home, congratulations! It’s an amazing accomplishment to be…
How much can you borrow with a USDA loan? The answer to this question depends on many factors including income, household size, and location. USDA Loan Do I Qualify For?’ style=”display:none”>Checkout this video: To qualify for a USDA loan, you must meet the following qualifications: -Have a credit score of 640 or higher. -Meet income…
Learn which document(s) specify the interest rate being charged for a loan. Checkout this video: The Note The Note discloses the interest rate being charged for the loan. The Note will also list any fees being charged in connection with the loan, such as origination fees, discount points, and so on. The Note will also…
If you’re considering applying for PPP loan forgiveness, you may be wondering what the deadline is. Here’s what you need to know. PPP Loan Forgiveness?’ style=”display:none”>Checkout this video: Introduction The deadline to apply for PPP loan forgiveness is December 31, 2020. However, the SBA may extend the deadline if it determines that there is a…
The PPP loan is calculated by taking the average monthly payroll costs from the last 12 months and multiplying it by 2.5. Checkout this video: What is the PPP Loan? The PPP loan is a government-backed loan that is available to small businesses and self-employed individuals. The loan is intended to help businesses keep their…
If you’re wondering where you can get a loan on your tax refund, the answer is that it depends on a few factors. Here’s what you need to know. Checkout this video: Introduction If you’re getting a tax refund, you may be wondering if you can get a loan on it. The answer is yes,…
If you’re stuck in a negative equity car loan, you’re not alone. Here’s how to get out of it and move on with your life. Checkout this video: Assess Your Situation You may find yourself in a difficult financial position if you’re upside down on your car loan, meaning you owe more than the car…