Asking friends or family for financial help requires being honest about one's financial situation, including the possibility of and timetable for paying money back. It also involves treating the request as a business transaction, keeping lines of communication open and showing gratitude for any loan or gift received.Know More
According to Survivorship A to Z, people asking for money should be able explain how much they need, why they need it, and how and when they plan to pay it back. If there is a chance that the loan cannot be repaid, that possibility must be discussed openly.
Asking a friend or family member for a loan or gift of money usually introduces awkwardness into the relationship. Keeping the entire transaction on a businesslike basis helps diffuse discomfort. Drawing up paperwork regarding a loan is one step that can help to preserve a relationship, and offering to pay interest at a low rate can help keep the transaction professional. People should avoid asking friends or family to borrow money on a credit card, since interest mounts up quickly, and the card holder's credit rating could be harmed if repayment is late.
Expressing gratitude is crucial when taking a loan or gift from a friend or family member. A handwritten note of thanks is a small step to take when a friend has helped with money.Learn more about Credit & Lending
According to About.com, when checking references, ask questions that address the potential employer's concerns, such as personality, productivity and overall assessment of the candidate. Also verify that the candidate provided honest answers about his start and end dates, salary information, reason for leaving, key responsibilities, management roles, relationship with co-workers, and strengths and weaknesses. Questions that reveal the candidate's character and work ethic are important as well.Full Answer >
Honda Financial Services offers loans and leases for new or certified pre-owned Honda vehicles, as the company's website explains. As of 2015, there are special offers available for military personnel and college graduates.Full Answer >
Financial aid is based on the premise that the cost of attending college for a student is higher than the expected contributions from his family. The cost of attendance is calculated as the sum of the tuition, transport, room and board, books, supplies and other miscellaneous costs. The expected family contribution is subtracted from the cost of attendance to determine a student's financial need in a given year.Full Answer >
There are a number of companies that offer check verification services online, including Check Velocity, Payment Solutions and Lyons Commercial Data. These services provide online check verification that allows the user to instantly determine whether a check is valid before accepting it.Full Answer >