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29 Feb 2012 by Ben

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Definition

A loan offered to an individual who does not qualify for a loan at the prime rate due to their credit history . If a lender thinks that there is an above-average risk involved in giving a loan to a certain individual, they will sometimes offer them a subprime loan, which has an interest rate higher than the...

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Do-It-Yourself Debt Consolidation - Consolidated Credit

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Best Student Loans in 2017 - The Simple Dollar

Best Student Loans in 2017

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by Saundra Latham Updated on 01.03.17

Figuring out how to pay for college can be a stressful, complicated process. I remember being overwhelmed when I started at a pricey private college, which I paid for with a hodgepodge of scholarships, grants, federal and private loans, work study, and my own money.

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by Lynnette Khalfani-Cox , January 22, 2015|

Lynnette Khalfani-Cox, "/>

With both home equity loans and HELOCs, your home is collateral for the loan. -- Istock

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What Is a Tax Impact of Writing off Bad Debt? | Chron.com

When you make a loan, either personally or as part of your business, you expect to be repaid. However, not all loans turn out well. When debt goes bad, the Internal Revenue Service permits you to claim a deduction on your income taxes. Bad debt is treated differently depending on whether it comes from your trade or business or a personal debt.

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My credit score was on a steady increase. I paid off my ...

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Need $500 Dollar Emergency Loan For Rent?

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Homeowner Loans - The Best Choice for Property Owners?

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How to Repay Student Loans and the Different Repayment Options

Close Disclaimer

The material provided on this website is for informational use only and is not intended for financial or investment advice. Bank of America and/or its affiliates, and Khan Academy, assume no liability for any loss or damage resulting from one's reliance on the material provided. Please also note that such material is not updated regularly and that some of the information may not...

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Date: 2017-02-27 16:17:25
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Date: 2017-02-23 22:53:38
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Write off uncollectible loan. - QuickBooks Learn & Support

Write off uncollectible loan.

In Quickbooks Pro, how do I write off a Receivable that consists of the remaining amount of an uncollectible loan?

Comment

Recommended Answer

2 people found this helpful

A write-off is an expense.  Unless you are in the business of making loans, I would make "Loan Loss"  or "Bad Debt Write-off" an "other expense" type account.

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Car makers are offering 0% APR loans (zero percent interest) as incentives on many makes and models during these times of slow car sales. Sounds great. But is it really? Is it better to take cash back, if offered?

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As mentioned before, banks basically make money by lending money at rates higher than the cost of the money they lend. More specifically, banks collect interest on loans and interest payments from the debt securities they own, and pay interest on deposits, CDs, and short-term borrowings. The difference is known as the "spread," or the net interest income, and when that net interest income is...

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Date: 2017-02-28 08:48:59
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What Is an FHA Mortgage Loan – Requirements, Limits ...

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A Balloon Payment Car Loan Guide - CarsDirect

Before you sign your loan papers and take your new car home, it's important to understand the dangers of a balloon payment car loan.

What is a Balloon Car Loan?

Balloon auto loans are structured to reduce monthly payments by shifting a significant portion of your loan to one final payment. So you might cut each payment by $100 and add a final installment of $5,000 at the end of the loan's term....

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Website: carsdirect.com

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