loan turned down: Have You Been Turned Down for a Loan? - 03/07/16 02:09 AM
Last year Mike was turned down for a loan because he wrote off too many expenses on his tax return. He also had had 3 months off because of an injury, and as a union worker did not get paid for that time off.
He could have lowered the interest rate from 4.99% to 3.99 at the time. Unfortunately between the time off and the write off, he was denied the loan. So here we are a year later, rules have changed in regards to the write-off (no longer have to count it against him), the value of his house is a … (0 comments)