LOAN PAY
Daughter can help pay loan The Cincinnati Post DEAR BRUCE: I took out a $40,000 student loan for my daughter, which I am repaying at $530 a month for 20 years. I now realize this was a mistake, since I am single and only 47 years old. This is a tax-deductible loan. I have about $100,000 in my 401(k). Should I take the $40,000 out of my 401(k) and repay myself? - G.M., via e-mail Supervisors approve loan for renovations phillyburbs.com The supervisors on Monday unanimously authorized borrowing $1.3 million to pay for renovations to the future municipal building, to be located in an existing building on the 62-acre Chippewa Farm on Second Street Pike. New HSCB loan scheme for Qataris Gulf Times HSBC Qatar is offering a new personal loan for Qataris without any ceiling and with a repayment period of up to 180 months. Pay off debt or save? NZCity This is because usually you pay more interest on a loan than the interest you earn on savings (after tax). However, there are some cases when it’s good to do both – pay off debt fast and save at the same time. $4M loan to car dealer on hold San Mateo County Times SAN MATEO — A plan to loan the owner of a car dealership $4 million to open needs further study, City Council members agreed Monday. Chiropractor pleads guilty of bilking insurance firms NorthJersey.com NEWARK -- A Bergen County chiropractor on Monday admitted bilking insurance companies of $688,000 in fraudulent claims and using much of the loot to pay off loan sharks. Middle ground best for paying off student loan The Biloxi Sun Herald Q: I am paying for graduate school with a $25,000 loan charging 8.3 percent interest, but I don't have to start payments until 2009. My income is very low, but I have enough cash to pay the loan off. Should I? N. Las Vegas seeking public opinion on strip clubs KVBC Las Vegas Tuesday's election isn't all about candidates and state laws. Voters in North Las Vegas will answer five ballot questions that will help city leaders gauge the public's opinion on things like strip clubs, adult bookstores, pawn shops and pay day loan centers. Why 'typical' rate is not what you'll typically pay Guardian Unlimited Taking out a new personal loan or credit card may seem easy - after all, Britons are more than a trillion pounds in debt - but borrowers are increasingly kept in the dark about the interest rate they will be charged for credit. £1MILLION FIRST-HOME Daily Record FIRST-TIME buyers will have to pay £1million for a home in 20 years' time if house-price inflation does not slow, a building society study found. The loan would be seven times the average salary.
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