No! You must have a credit account!
If you have a savings account at a bank, then it is a bank account. If you have it in another kind of institution, such as a Credit Union or Savings and Loan, then it is not a bank account, although some people use the term "bank account" loosely and apply it to any savings account anywhere.
WHEN A LOAN ACCOUNT BECOME np ACCOUNT
world saving and loan
1.fixed deposit account 2.saving account 3.current account 4.home saving account 5.family saving account
I've already applied with several savings and loan associations. These three are the latest savings and loan associations to establish businesses in our town this year.
My saving account
Before you get your loan amount the bank would ask you to open an account. Keeping track of a customer without an account is very difficult and banks would insist on you opening an account with them before they give you the loan amount
Current Account
what does account durration mean when getting a loan
No, you cannot take a loan from an IRA account.
No, you cannot take a loan from your IRA account.
Bank account DR To Loan account