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A loan extended to a person by a lender is called?
A loan extended to a person is called credit.
When a bank or financial institution lends an person money what is it called?
a loan
What is a person who lends money or the use of goods and services for payment at a later date?
A person who lends money is called a money lender or a Creditor. A person who lends the use of goods and services is called a Renter or a Seller.
A person's ability to pay off debts based on the money that person has available to meet financial obligations is called what?
D. Capacity
What benefit does the person taking a loan get from taking the loan?
A person who has taken out a loan gets the benefits of financial assistance while building credit. This person is called a borrower.
A loan extended to a person by a lender is called?
A loan extended to a person is called credit.
What is meant by a financial hardship in a loan agreement?
Financial hardship in a loan agreement refers to the fact that the person is struggling to repay their loan. They may be struggling to repay to the lender's agreement.
I have a lien on my condo but want to remortgage?
Your mortgage lender is the person who can tell you how to proceed. Generally, a lender will require that you pay the debt and remove the lien before a new financial agreement can be made based on the property.
What do you call a person who takes financial risks to start a company?
A person who takes financial risks to start a company is called an entrepreneur
A person who prepares and interprets financial reports is called?
An Accountant
When a bank or financial institution lends an person money what is it called?
a loan
What is a person who lends money or the use of goods and services for payment at a later date?
A person who lends money is called a money lender or a Creditor. A person who lends the use of goods and services is called a Renter or a Seller.
What is it called when you give money away?
its called being nice a gracious person a very generous person... Or also a benefactor, financial supporter or donor
What financial measures in a business operation impact the financial position of a business?
what is a business person willing to take risks called?
Which person has the lowest risk in the eyes of a lender?
The person who has the lowest risk in the eyes of a lender is one with the high credit score. Such a person is considered to have the ability to repay borrowed money without a problem.
Can you be a co-signer for your son if you are filing a Chapter 13 repayment plan?
It's doubtful, the trustee is to be notified of any major financial transaction and would probably not allow the person to make such an agreement. And it is also unlikely that the person would be accepted as a cosigner by any lender.
A person's ability to pay off debts based on the money that person has available to meet financial obligations is called what?
D. Capacity
