POE query

[Anpman]

Hello all,
I got a letter from bank which states my account opening date, average balance, name and address of the bank.
I pay my car loan amount from that bank account which is not mentioned in the letter as I have not taken loan from the bank.
Now I am planning to upload bank letter and 6montj bank statements.In my statement that car loan amount will be shown getting deducted every month.
My query is 1.do I need any letter from bank regarding this loan?
2.Do I need to mention something in LOE about this loan?
Thanx in advance

 

[sam3218]

1. Obtain a liability letter from your bank.
2. No need to mention anything regarding this car loan, it is quite normal to have debt. I had credit card debts and credit card payments reflecting in the statements as well; I didn't explain anything about credit card.

I think as long as your balance is like 15-20% above the threshold, you have absolutely nothing to worry about even if you have debt.