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Are there any major banks that will lend me money with my bad credit?
Wiki User
∙ 14y ago
Probably not, after much research I find that you can give money to get money and they when you pay it back you can get your money back.
Wiki User
∙ 14y ago
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What banks allow bad credit mortgage?
Unfortunately, fewer banks will lend to someone with bad credit. Some of the major banks that advertise that they will give a mortgage to someone with bad credit include Paramount Equity and FHA Mortgage.
Do you have to be a bank to lend money?
No, anyone with money can lend money. However, banks follow a proven process before lending money, that includes verifying income, checking credit ratings, requiring signatures on powerful contracts and so forth. Banks have established a best practices process for lowering their risk of loss and elevating their chances of making money in interest on money they lend.
Who will lend you money to get your truck back from titlemax?
If your credit is good, a bank will lend you money. If your credit is bad, then only a very close personal friend, who is willing to take a risk, will lend you money.
What is it called when banks lend money to customers?
It is called a loan.
Banks lend out the money that you deposit to make a profit?
Yes.
Why are major banks requesting credit forms to be filled out before applying for loans?
Banks will only lend money to people with good credit. All banks and lenders require credit information. They will then check with the credit services and find out if you've paid back people who lent you money in the past.
Government oragnization created in 1932 which lend money to banks?
National Credit Corporation(NCC).
What banks allow bad credit mortgage?
Unfortunately, fewer banks will lend to someone with bad credit. Some of the major banks that advertise that they will give a mortgage to someone with bad credit include Paramount Equity and FHA Mortgage.
When financial institutions lend money they charge borrowers?
The banks or lenders charge interest. The amount depends on your credit.
Who lend money?
Money lenders and banks.
Why do bankers lend money and give credit?
Banks lend money because the interest paid on those loans is one of the ways in which they make a profit. Another way they earn money is to invest the money that is deposited in their bank.
Do you have to be a bank to lend money?
No, anyone with money can lend money. However, banks follow a proven process before lending money, that includes verifying income, checking credit ratings, requiring signatures on powerful contracts and so forth. Banks have established a best practices process for lowering their risk of loss and elevating their chances of making money in interest on money they lend.
Who can lend you money for a house?
people at banks
Who will lend you money to get your truck back from titlemax?
If your credit is good, a bank will lend you money. If your credit is bad, then only a very close personal friend, who is willing to take a risk, will lend you money.
Why should you strive to maintain a good credit rating?
If you have a good credit rating, then lenders (such as banks) will be more willing to lend you money. It is possible that at some time you will wish to borrow money, for example, to buy a house.
To whom does the Fed lend money?
other banks.
Are there any other agencies aside from banks that I can borrow money from?
Besides a bank, you can borrow money from a credit union. However, you must be a member of a credit union you borrow from. A bank will lend to anyone who walks off the street.
