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If the required reserve ratio is 20 percent and a customer deposited 5000 in the bank how much is available to the bank for lending?
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What does depositor base mean when referring to a bank?
The deposit base represents the average number of customer deposit accounts available to a bank for investment at any given time. These are advantageous to banks for offering them a dependable source of income for investments and lending and a strong customer loyalty base.
Can I get a payday loan if my SSI payments are direct deposited?
Check with your lender. But in general - yes. Be aware of predatory lenders and predatory lending practices.
What is asset based factoring and lending?
Asset based lending is a loan that secured by an asset. Factoring of receivables is when a lender controls who it lends money to by making sure the customer can pay back the loan.
How do banks earn revenue by lending money?
All banks earn a revenue by lending money. Banks make profit and generate revenue by two ways:By charging you a fee for the services they provide youBy lending the money you have deposited into your account, to other loan customers and getting an interest on the same.Interest income is the highest revenue and profit generator for any bank.
Best available secured peer to peer lending, worthwhile.?
Peer to peer lending was originally designed to create personal connections, however, it can be quite problematic. Specifically, with peer to peer lending the chances of money loss is high and the amount higher than with other loans. As such, it is not worth it. Some companies you can find price quotes and reviews on include the Lending Club.
How can one contact the home offices of Green Tree Home Lending?
Customer service representatives of Green Tree Home Lending can be contacted in a variety of different ways: Green Tree Home Lending is available by phone at 1-800-643-0202. Customer Service representatives are also available by mail : Green Tree Customer Service PO Box 6172 Rapid City, South Dakota 57709-6172
What does depositor base mean when referring to a bank?
The deposit base represents the average number of customer deposit accounts available to a bank for investment at any given time. These are advantageous to banks for offering them a dependable source of income for investments and lending and a strong customer loyalty base.
Can I get a payday loan if my SSI payments are direct deposited?
Check with your lender. But in general - yes. Be aware of predatory lenders and predatory lending practices.
What are the primary documents required in lending?
Documents are not as a matter a fact as primary as they are possible
What are the weakness of the lending policy used by the banks?
Lending policies may be so stringent that they fail to help a deserving customer in some situations. Rules that cannot be bent may be a weakness.
What is asset based factoring and lending?
Asset based lending is a loan that secured by an asset. Factoring of receivables is when a lender controls who it lends money to by making sure the customer can pay back the loan.
What is the site Prime Lending all about?
Prime Lending is a site used for mortgage calculations, and generally helps you with mortgages. It offers a wide range of loan opportunities and has good customer service, according to their website.
How do banks earn revenue by lending money?
All banks earn a revenue by lending money. Banks make profit and generate revenue by two ways:By charging you a fee for the services they provide youBy lending the money you have deposited into your account, to other loan customers and getting an interest on the same.Interest income is the highest revenue and profit generator for any bank.
Who is a reliable mortgage lender?
Mortgage lending is a business and relies solely on its reliability (customer service) to maintain a strong customer base. If mortgage lender is doing business, it is likely that it is reliable.
How do you reduce npa?
As per the RBI guidelines related to KYC(Know Your Customer), before lending funds the banker must know the background of customer and must ensure the reimbursement capacity of customer. This would highly reduce the NPA.
What exactly is a first option mortgage?
First option mortgage is a mortgage lending company offering numerous mortgage lending and financing products to meet diverse customer needs, financial situations, and long-term objectives.
Does commercial lending have anything to do with the Internet?
Commercial lending can be done through the internet but the internet is not required. Commercial lenders are essentially bankers. They loan money and offer money services such as saving and investment.
