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When loaning someone money what do I put in writing when I expect it to be paid back?
Wiki User
∙ 16y ago
Don't expect to get paid back, dummy!
Wiki User
∙ 16y ago
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What does it mean when you see someone giving money to someone else?
They owe them money and are repaying a debt or are loaning them some.
What term describes loaning money for a fee?
"Scam" If someone is loaning, they do not charge an upfront fee unless they are scamming you. Loans are paid back with interest, not an upfront fee.
What best describes an activity of Dollar Diplomacy?
loaning money from foreign governments.
What do you call loaning money for a fee?
Usury.
How do banks help expand the economy?
by loaning money
What does the scripture say about business?
The Bible does not condemn or prohibit businesses. It does expect business people to be honest and charitable toward the poor. The Old Testament restricts loaning money at interest (usury).
How does one find out about the loaning of government money?
One can find out about the loaning of government money from many different resources. Some examples of online resources include StudentAid and Nationwide.
What should i ask or require when loaning someone money to protect myself in case they dont pay it back?
Get it in writing ! A written agreement is a binding contract protected by law - whether drawn up by a solicitor or just a simple 'IOU'. If you have it in writing and they default, you simply present the evidence to a solicitor - and have them pursue the debtor though the legal system.
Can you pull credit for someone curretly in a chapter 13?
yes you can pull credit but federal law prohibits borrowing or loaning money without the trustees approval.
A method of loaning money to the government to pay for war?
Liberty Bonds
What to activities would the national bank be responsible for?
making and loaning money
What to activities would the national bank responsible for?
making and loaning money
