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Banks lend money because the interest paid on those loans is one of the ways in which they make a profit. Another way they earn money is to invest the money that is deposited in their bank.
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Who will lend you money to get your truck back from titlemax?
If your credit is good, a bank will lend you money. If your credit is bad, then only a very close personal friend, who is willing to take a risk, will lend you money.
Are there any major banks that will lend me money with my bad credit?
Probably not, after much research I find that you can give money to get money and they when you pay it back you can get your money back.
Is it mandatory to have a talk with the bankers before buying a commercial property?
well, no one is going to lend you money with meeting with you and going over you financials, bank accts, business plan, credit history, etc
How does credit work in Canada?
In Canada, we lend you money and if you don't pay we break your legs!
Government oragnization created in 1932 which lend money to banks?
National Credit Corporation(NCC).
Can you take loan for new business?
if a bank will lend you money sure. YOU must have good credit.
What is a benefit of saving money in the bank?
In certain savings account plans they have rates of interest and the more you keep your money in there, the more money you get. This is so because they borrow your money temporarily to lend others but you still have credit for that money. So you will still have your money, but the bank will give you an interest for letting them borrow your money.
How can you find a loan shark to lend you money you have poor credit and there is no bank will loan you any money email you h87410yahoocon?
email me lisa_jensen23@yahoo.com
Do you have to be a bank to lend money?
No, anyone with money can lend money. However, banks follow a proven process before lending money, that includes verifying income, checking credit ratings, requiring signatures on powerful contracts and so forth. Banks have established a best practices process for lowering their risk of loss and elevating their chances of making money in interest on money they lend.
What options are there for getting a loan with bad credit?
Credit unions may be more willing to lend money to those with bad credit. Also consider peer to peer lending options and family and friends that might be more willing to lend you money than financial institutions. Finally, some institutions may consider lending you money if you offer something of value as collateral.
When financial institutions lend money they charge borrowers?
The banks or lenders charge interest. The amount depends on your credit.
Is it okay to give all of your money to strangers?
No. Never ever trust any strangers and never lend your money to them. Don't give them a single penny.
