Credit Education Month on March, 2018: Which education credit to take?
March, 2018 is Credit Education Month 2018. Money Saving Articles, National Credit Education Month Credit Education Month
Everybody can usually benefit from keeping on the top of the finances and making certain their matters have been in working order. For Credit Education Month, a good the chance to provide your money redesign!Credit Education Month was initially produced to help remind customers and firms alike of the significance of good financial management. It may appear just a little daunting to undergo all of your incomings and expenses, but it’s incredibly advantageous and can save you money.A good option to begin is as simple as creating a spreadsheet together with your earnings and expenses, take a look each and every consequently. For instance, would you cut costs by varying your charge card to a new provider? If you are having to pay just the minimum on the loan, would you pay a little many repay it faster? Many of these small changes can enhance your financial health.
For the education credits, if you qualify for both, figure them both and take whichever gives you the larger credit. I'm guessing that will be the Hope credit.
Re the uniforms and mileage, you don't give enough info. Are they for a business you own, or for a job where you work on a W-2? If they're for your own business, they are most likely deductible on schedule C, but would have to know more about the mileage to know whether it qualifies.
If for a job, they are only deductible if you itemize. You'd have to subtract 2% of your AGI from your total unreimbursed employee expenses, and can deduct the amount over that as an itemized deduction. Again, would have to know more about the miles to say whether they count or not. And if you don't itemize, no you can't deduct them.
Education loan for students in India: What education loan students can get?
We consulted leading study abroad consultants High Profile SGC at 504,Vikram Tower(opposite Axis Bank),Sapna Sangeeta Road,Indore (Ph:07314092953/09229867353) for these and other questions likeWhat is the procedure to get an education loan?What is the procedure to get an education loan?Can i get education Loan for my higher studies?What are the formalities to get an education loan?What are the formalities to get an education loan?We also consulted the regarding IELTS-English language test to study in UK/NZ/Canada/USA etc.
Loan for Studies in India Most of the Public Sector Banks in India have categorized Student Loans in two categories. For Studies in India , Students can borrow up to Rs 4 lakh without providing any security or margin. A loan amount of Rs 4 lakhs to Rs 7.5 lakhs can be availed against a third-party guarantee. This loan comes with a five percent margin (what this means is that you will get five percent less the amount sanctioned as loan; you will have to put together the rest of the money). The third-party guarantee can come from an uncle, neighbor or friend standing guarantee for the full amount.
Overseas study loans : Amounts worth Rs 7 lakhs and above are usually sanctioned against fixed deposits, NSC certificates, property worth the loan amount and a margin amount of 15 percent (what this means, again, is that you will get 15 percent less the amount sanctioned as loan; you will have to put together the rest of the money). Also, if a loan below Rs 4 lakhs comes at x rate of interest, the loan over Rs 4 lakhs is usually charged one percent higher interest. The Reserve Bank of India prescribes the specifics (amount, rate, repayment period) of education loans and the government provides a two per cent subsidy on these loans to the banks.
Repayment - Course period + 1 year or 6 months after getting job, whichever is earlier.
To furnish the following documents along with the completed application form. Relevant information would relate to the guardian and the student both, when the loan is jointly taken.
1)Mark sheet of last qualifying examination for school and graduate studies in India
2)Proof of admission to the course
3)Schedule of expenses for the course
4)Copies of letter confirming scholarship, etc.
5)Copies of foreign exchange permit, if applicable.
6) 2 passport size photographs
7) Statement of Bank account for the last six months of borrower.
8) Income tax assessment order not more than 2 years old
9) Brief statement of assets and liabilities of borrower.
10)If you are not an existing bank customer you would also need to establish your identity and give proof of residence.
Eligibility for getting a loan:
The applicant should be an India National
The applicant must have secured admission to professional/ technical courses through Entrance Test/ Selection process
Secured admission to foreign university/ Institution
Banks offering education loan are
Bank of Baroda
Bank Of India
Bank of Maharashtra
Bank of Punjab
Bank of Rajasthan
Bassein Catholic Bank
Bharat Overseas Bank
Catholic Syrian Bank
Central Bank of India
Centurion Bank of Punjab
City Union Bank
Development Credit Bank
Indian Overseas Bank
ING Vysya Bank
Jammu & Kashmir Bank
Karur Vyasa Bank
Lakshmi Vilas Bank
Oriental Bank of Commerce
Punjab & Sind Bank
Punjab National Bank
SBI Commercial and International Bank
South Indian Bank
State Bank of Bikaner & Jaipur
State Bank of Hyderabad
State Bank of India (SBI)
State Bank of Indore
State Bank of Mysore
State Bank of Patiala
State Bank of Saurashtra
State Bank of Travancore
Tamilnad Mercantile Bank Ltd
Thane Janata Sahakari Bank
Union Bank of India
United Bank of India
United Western Bank
Loans for bad credit?
no one is going to loan you money with your bad credit, the best you can do is get more hours at your job or get another part time job, at 400 a month you can pay 100 a month on each