Although every lending institution has its own business loan requirements, which also depend on the type and amount of loan you are seeking, many will require a minimum credit score to consider the eligibility and trustworthiness of a borrower. Each loan application is evaluated on its
A 4506-T is an IRS form also known as a “Request for Transcript of Tax Return.” This form requests that the IRS send you a copy of the tax return information they have on record, up to ten years prior. You can specify a third
Using a credit union for your small business can be a big decision with far-reaching effects. There are lots of factors to consider with this decision, but the first thing you need to ensure is you understand exactly what a credit union is. The entire concept
When doing your taxes, you will find that there is a difference between taxable income and adjusted gross income. Understanding the difference can be useful in various areas. For instance, if you are applying for a loan or for certain kinds of benefits, they may
If you are a financial institution such as a credit union, mortgage lender or bank, you may be able to take advantage of a recap regarding how 4506-Transcripts may assist you. The IRS grants wage-income transcripts as well as W-2 returns over the last decade, retirement
The SSA 89 form is an authorization for the Social Security Administration to release your social security information. It authorizes the administration to verify whether or not your name and the social security number you provide to a lender match the information that is in
Once an identity thief has your personal information, he or she can run wild with it. By recognizing the signs of identity theft, you can take immediate action to protect yourself from any further financial damage or harm to your reputation. Keep these top warning
Everything You Need To Know About Small Business Loans At the beginning of a business’s life, the owner will likely need a loan to turn their ideas into something tangible. A person may need equipment, a building, or vehicles to start their business. However, small business
When you apply for a loan, whether it’s a car loan, a mortgage or a personal loan, the lender generally will require you to show proof of income. The lender does this because it wants to be sure you can afford the monthly payments and
