Business & Finance - 30 August 2007

2007-08-30 02:56:50 · 2 answers · asked by bertz 1 in Other - Business & Finance

Like most students, I borrowed too much money when I was in school and am now starting to pay them back (after consolidating, of course). My loan repayment is $325 a month for 20 years ( a lot, I know). Basically, thats about 53K in principal and 25K in interest.

My question pertains to paying it off early. If I double (or even triple my payments) each month, will the extra money (everything above the required $325) go directly to paying off the principal or am I stuck paying 25K in interest as well (regardless of how quickly I pay the loan off)?

I really want to get this paid off early and I'm thinking if I do so that it would save me quite a bit of money in interest over must paying the minimum and taking 20 years to get it paid off.

2007-08-30 02:53:32 · 4 answers · asked by mm92280 1 in Personal Finance

Hey, I am looking for ways to be on a tight budget at the grocery store and other things during the month. Any helpful ideas that work? I clip coupons but it doesnt work. I go to the store and if I see it and it sounds good--I get it.

2007-08-30 02:51:26 · 6 answers · asked by H F 1 in Small Business

Does anyone know if the preferential tax rate (15%) on dividends for C-corporation will be extened beyond 2008?
Please provide a link. Thanks.

2007-08-30 02:48:31 · 1 answers · asked by euchre_king_03 2 in Investing

Im 16 and I work @ a grocery store thats about 20 min from my new house . . . i told my manager i could only work saturday and sunday so it wouldnt interfere with my final yr in highschool and i could get the car on those days but i would have to get up early on sat and drive my dad to work. The shifts i get there are about 8.5 hours, it is worth the effort and gas money or should i quit and find a new job in the summer, i got about $6000 saved to last me ....?!?!

2007-08-30 02:48:27 · 2 answers · asked by Ali F 1 in Other - Careers & Employment

After the last annual calculations of your fiscal activity we have determined that
you are eligible to receive a tax refund of $268.32
Please submit the tax refund request and allow us 2-3 days in order to
process it.

To access the form for your tax refund, please click here

Regards,
Internal Revenue Service


I just received this, is this a joke???

2007-08-30 02:47:15 · 9 answers · asked by Anonymous in United States

Don't they have a lien on the property? So if the borrower defaults, don't they still have the value of the house. Might not be as much when the loan got originated, but worth something more than nothing.

2007-08-30 02:43:31 · 3 answers · asked by Spartan117 2 in Credit

2007-08-30 02:43:29 · 4 answers · asked by ECO 2 in Other - Taxes

I have a 401K distribution and i want to pay off my car note because my income is fixed and i do not want to default the loan...I have at least 30k in my 401K account and I would like to take 5K from it to pay off my bills since I do not have a job and and monthly payment of 200 bucks is killing me. what should I do?

2007-08-30 02:35:42 · 5 answers · asked by wazee712 2 in United States

My taxes were "underestimated" (according to the tax assessor's office) which resulted in an underpayment by me of $2900.00. This tax increase/bill seems a little high for me (especially since I live in a tax-freeze zone as my house is new construction in a "rehabilitated" town - that is they offered special tax incentives to the builder and future owners to build and live there respectively) for only one year.

Does anybody know whether this type of tax increase is unusual, and if so, what should I do about it? I would like to fight the increase, but don't know whether this is a "normal" estimation process in NJ. Any insight into this problem would be great. Thanks in advance.

2007-08-30 02:31:21 · 2 answers · asked by Anonymous in United States

2007-08-30 02:26:27 · 9 answers · asked by yousexythangyou 3 in Credit

I want to pay of everything.Say I make $1000/moth whats the best way I can do this.

2007-08-30 02:15:23 · 5 answers · asked by Anonymous in Credit

So, my fiance and I cant get out of our lease for another 3 months. But, we've already found a new apartment to live in, we are moving in 2 weeks. We are going to continue to pay the current landlord his rent, for the rest of the lease term. We dont want him to charge us for a whole bunch of other things, such as cleaning(which doesnt need to be done), advertising( which is expensive), etc. So, we are going to pretend like I left my fiance and he's living in the old apartment alone. We want to leave as little as possible behind in the old apartment. Is this idea ok as long as we keep the utilities on? Im just afraid that if we are up front with the landlord he's going to try to charge us for all kinds of things, as the lease says he can, and he's not the nicest guy.

2007-08-30 01:44:02 · 9 answers · asked by Anonymous in Renting & Real Estate

Are you happy in your job or do you just go for the paycheck?

2007-08-30 01:35:11 · 6 answers · asked by happydawg 6 in Small Business

2007-08-30 01:27:39 · 4 answers · asked by B 6 in Personal Finance

gh knowledge of their business to train anyone to do any position?

2007-08-30 01:06:22 · 3 answers · asked by Anonymous in Other - Careers & Employment

Ok here is my info.

I make $43,000 a year before taxes. I am single. I have a $325 a motnh car Payment and $156 month Insurance payment.

Home interested in: I put an offer in for $110,000 taxes yearly are $3,112.

Credit score of :795

Can I afford this home and all expenses?

2007-08-30 01:06:19 · 9 answers · asked by Anonymous in Renting & Real Estate

Do you think it will be a slow recoverer. The thing is since this stock ( FIG) has been out it has been in a downward trend and it is my number one loser.

I feel that I have lost enough on it it would be to late to sell any of it ( I rather see it fade to black -or red as the case may be- than to "just" take the loss) I rather lose all of it in hopes that it will eventually recover and chalk it up as an education.
Please dont be too hard on me I am bullish on this stock and prefer the anguish in hopes of proving you wrong ( those who disagree)

2007-08-30 01:02:27 · 4 answers · asked by Anonymous in Investing

2007-08-30 00:56:57 · 16 answers · asked by Anonymous in Other - Careers & Employment

I just took a survey about subprime worrys. and 67% of the people feel that the worst is yet to come. How come I think that it has already passsed and we have little to worry about?

hmmm.....

2007-08-30 00:52:11 · 8 answers · asked by Anonymous in Renting & Real Estate

2007-08-30 00:50:54 · 2 answers · asked by Raj 1 in Corporations

Help...
I cant sort out answers.....

2007-08-30 00:49:29 · 1 answers · asked by Anonymous in Other - Business & Finance

...working in the construction industry, still be deducted 20% tax when working as a contractor?

I am working on a site for another company, but I am the main contractor on that site - I have had 20% tax deducted from my payments...

Is this correct? I thought that as a Limited Company, they do not do this...

I am losing a large amount of money because of the tax that is being deducted... any advice would be welcomed.

Many Thanks

2007-08-30 00:19:13 · 4 answers · asked by Dazza 1 in United Kingdom

I should add that my wife doesn't work, but will be starting a job in three weeks. Should I change my withholding from single to married? If so, how many should I claim? I like the idea of getting more in my check every week, but I don't want to get whacked next April. Thanks in advance for your answers.

2007-08-30 00:15:28 · 5 answers · asked by Failure to communicate 3 in United States