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Does one need collateral security or guarantor while applying for auto loan?
Wiki User
∙ 14y ago
Most companies do not require collateral or a gurantor when appying for a loan. However, depending on someones credit worthiness this may not be true.
Wiki User
∙ 14y ago
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Can you cancel an agreement being a guarantor?
No, you can not stop being a guarantor to an agreement while the terms of that agreement are in force. Thus if you are a guarantor for rent and the person your are guaranteeing fails to pay the rent - YOU must pay the rent.If you a guarantor to a loan and the person with the loan defaults, YOU must pay off the loan.This is what it means to be a guarantor - you can not get out of the agreement when things begin to go wrong.Think VERY carefully before being a guarantor to ANYTHING.
Can you cosign for a car while in chapter 13 bankruptcy?
No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.
Can you draw Worker Compensation while applying for Social Security Disability?
Sure. WC does not prohibit you from applying for SSDI. If you are approved you need to tell both to make sure you don't end up owing back money you didn't know about.
What are examples of collateral?
Collateral is security pledged for the payment of a loan. For example, a bank may take some stocks and bonds from a person in exchange for a loan. Another example would be someone holding on to your wallet while you borrow their cell phone. Pawn shops offer loans and use personal property as collateral; for example, jewelry or gold in exchange for money, and if you don't pay back the money, they keep the item.
What is collateral and demat account in trading?
Collateral is any form of security that you must provide while doing margin trading. In case of losses your broker would take money from the collateral you provide. DEMAT stands for Dematerialized. in olden days shares were held in paper form. later with the advent of computers and latest technology, shares are held in electronic form or dematerialized form. those shares are saved in the respective share holders DEMAT account.
What you have to write while applying for a job?
setting
Reverse repo rate?
A Repurchase agreement (also known as a repo or Sale and Repurchase Agreement) allows a borrower to use a financial security as collateral for a cash loan at a fixed rate of interest. In a repo, the borrower agrees to sell immediately a security to a lender and also agrees to buy the same security from the lender at a fixed price at some later date. A repo is equivalent to a cash transaction combined with a forward contract. The cash transaction results in transfer of money to the borrower in exchange for legal transfer of the security to the lender, while the forward contract ensures repayment of the loan to the lender and return of the collateral of the borrower. The difference between the forward price and the spot price is the interest on the loan while the settlement date of the forward contract is the maturity date of the loan.
How do you apply the quickclot combatgauze?
Unroll the gauze, and pack it directly into the wound while simultaneously applying direct pressure.
Do mayors get security after they leave office?
no but they have security while in office
Can you get social security while in a mental hospital?
While on social security disability if sentenced to a mental facility can you still collect
Does applying oil help heal the burn?
Just for a little while.
How do you do stopie on a motorcycle?
Shift your weight forward while applying the front brake.
