0
yes
Yes, as long as you have a job and can provide monthly pay stubs.
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
What is the entry for bank loan account?
Debit Bank Account - Assets Credit Bank Loan Account - Liability
Bought a car out of state but loan is with your bank Who receives the title?
The bank receives the title until the loan is paid. If the loan is paid off then you receive the title.
Can I get a loan if I don't have a bank account?
No. Even if you qualify for a loan by means of age or employment or income, the bank will ask you to first open a bank account before you are granted a loan. so, in order to get a loan you need a bank account.
How can you get a personal loan without a bank account?
You cannot. Banks usually expect an auto-debit instruction from a bank account for the monthly payments for the loan. That can happen only if you have a bank account and so you cannot get a personal loan without a bank account. Banks would ask you to open an account if you want a loan with them.
Where can you get a loan without a bank account?
no where !
Journal Entry for purchase of vechile on loan loan from finance co?
Bank account DR To Loan account
Can bank hold on to your car title as collateral on a bank credit card went the car loan was paid off prior to bankruptcy?
The bank should not have your car title if it is paid off. If you declared bankruptcy and it was discharged, your bank credit card account should be dismissed.
How do you get your car title from Bank of America?
The only way to get your car title back from the Bank of America is to pay of the loan that the title is collateral for. If the loan is paid off, they will send you the title in the mail.
When the bank gives adjustment on principal on a loan what account do you debit?
the loan
What will be the journal entry if a bank loan is return?
[Debit] Bank Loan account xxxx [credit] Cash / bank xxxx
How does one get a bank loan for starting a business?
You can get a bank loan to start a business by going to your local bank, where you have an account. The bank where you have an account will give you a load more quickly. Ask them which options are available for you.
If you open a bank account today can you get a loan today?
yes as soon at you join the bank they can give you a loan
