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Yes. Banks usually offer loans to anyone who is eligible to get one. If you have a savings account with the bank and have been a good customer, the chances of you getting the loan are significantly higher. But, just because you don't have an account, the bank cannot reject your loan application.
What else can I help you with?
What do savings account payday loans usually give?
Savings account payday loans allows one to get payday advances. If one has an emergency, one can easily get a cash advance in a few minutes. The funds are then deposited in one's savings account.
What are the basic HSBC savings accounts features?
The HSBC savings account features include no hidden costs, ATM access, an international debit card, and an HSBC credit card. There are also special relationship discounts for home loans and personal loans.
How can banks afford to pay interest on their customers savings account deposits?
The bank does not just hold on to the money you retain in your savings account. Instead, they offer loans to other customers using that money. The loan customers pay an interest to the bank and the bank in turns offers the savings account holders an interest. Since banks make money by lending our money, they offer us an interest.
What services can I access at the exchange bank?
There are a number of services that are offered at the exchange bank. The site offers checking, savings, loans, investments, business loans, credit cards and 24/7 account information.
What is the name of the financial institution where the checking account is offered?
a bank, a savings and loans office or a co-op. these are places where you can open a chequing or a savings account or both.
What exactly are egg loans?
EGG is a bank that is located on the internet. You can get loans from them, and also have a checking or savings account. Loans, from this bank are the same as other banks.
Is there a loan company that will do payday loans with a savings NOT checking account?
Highly unlikely. The check you offer them is a legal promise to pay. With a savings account, you have no means of making such a promise.
What is bank customers share of the profits made on loans?
Savings account interest is the bank customer's share of the profits made on loans.
What banks offer saving account loans?
There are a variety of banks that offer these loans. Some are Scotiabank, Royal Bank, TD Bank and Bank of Montreal. All of these financial institutions offer savings account loans.
What happens to the money that you deposit in a savings account at a bank?
When you deposit money in a savings account at a bank, the bank uses that money to make loans to other customers and earn interest. In return, the bank pays you interest on the money you have deposited in your savings account.
Is it possible to get a loan on a students savings account?
Yes, most banks allow personal as well as auto loans on student savings account. You should check with your bank for more details on this.
What is Lloyds bank loans for?
LLoyds Bank loans are set up to best meet your personal plans and current financial needs. Loans are available for car loans, home improvements, and graduation expenses. Lloyds TSB loans are exclusive to current account holders who have held their account or accounts for over three months.
