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Sure. People often give loans to themselves when they borrow from one source (the mortgage money) to pay for something they don't have ready cash for (a new DVD). However, the loan is not official nor enforceable, nor can it create a lien of any kind.
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∙ 14y ago
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How do you get a bank loan for the unemployed?
It's difficult for an unemployed person to get a bank loan with today's economy. If a loan officer sees that a person does not have a steady source of income, he will be very inclined to not give you a loan. Some predatory lenders may give you a loan, but they will charge outrageous interest rates.
Will a bank give you a school loan even if you have bad credit?
No, most banks will not give a person a school loan if they have bad credit. The person may qualify for other programs if turned down.
What is the meaning of interest in a loan?
The meaning of interest in a loan means, that the person that loans the money will charge you an extra because of that loan. Example: You ask for a loan of 50 dollars and it has an 5% interest. That means that when you give back the loan you will have to give 55 dollars instead of 50.
What s loan?
A Loan is to borrow something as in money and in the future you give the amount of money that you borrowed to the person that you borrowed the money from.
How does one get an instant loan online?
A person gets an instant loan online by going to an instant loan website and filling out the form. Instant loan sites are much quicker then going to a loan shop, and will give you a loan regardless of your credit.
What warranty for how give loan?
You give loan warranty for how.
Who will give a sister a student loan with bad credit Can you co-sign for her if you are not blood related?
the person that cosigns for you does not have to be related to you. and i dont know who will give you a loan without one, cause i cant get one either.
Is it possibleto get an auto loan with a 547 credit score?
It is unlikely that a bank would give a person a loan who has a credit score of 547. A good credit score for a loan would be between 700-800.
Is zakat payable if a person has loans from banks?
if you mean to be payed for the person that has loan so yes , this is one of the types people that you can give them zakat
Where could a person find the facts about a home equity loan?
A person could find facts on a home equity loan online. Many banks offer free quotes online and give a person facts and information about home equity loans.
The person is seeking information on a VA Loan and how to obtain one.?
To qualify for a VA loan you must have a certificate of eligibility. When you apply for your loan at a lender you will then need to give them your certificate of eligibility along with your discharge papers. Once the application gets approval you will then receive your loan.
How is an unsecured loan different from a secured loan?
Secured Loan: A Secured Loan is a loan, in which a person has to provide an asset such as gold/property as collateral to the lender. This type of loan is favorable for those borrowers who need finance at low interest rate and for longer duration.Unsecured Loan: In an Unsecured Loan, a person does not need to give any security to the lender. In this, what matters the most for the lenders is the credit rating and repayment capability of the borrower. This is good for borrowers such as tenants, non home-owners etc.
