No. There are many scams operating that claim you are approved for a loan, but that you have to send them (usually by wire) money for fees upfront. That is an illegal practice, and you surely will never see your loan.
No, you cannot pay back a loan with the same loan money.
When you pay the principal on a loan, you are reducing the amount of money you owe on the loan. This helps to decrease the total amount of interest you will have to pay over the life of the loan and can help you pay off the loan faster.
“How can I pay my mortgage loan on-line?”
You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.
Failing to pay back a loan is called defaulting on the loan.
Yes, you can use a loan to pay off another loan. This is known as debt consolidation.
You must pay the loan balance out of the proceeds at the time of the sale.You must pay the loan balance out of the proceeds at the time of the sale.You must pay the loan balance out of the proceeds at the time of the sale.You must pay the loan balance out of the proceeds at the time of the sale.
It's the amount you need to pay to close your loan, usually before the term of the loan is complete.
What you do with a loan is irrelevant. You always have to pay it back.
If you don't pay a loan when due, you default on the loan.
bank loan
You must pay off the loan.You must pay off the loan.You must pay off the loan.You must pay off the loan.