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What is disbursment of loan?

The disbursement of a loan is when the money borrowed is given to the person who took the loan out. In the case of a federal student loan, the money is given (disbursed) directly to the school so that the money is spent on school expenses first. Any amount over the cost of tuition, fees, etc. will be sent to the student as a refund.


Can you transfer a loan that your parents took out into a loan in your name?

No.


What would be the purpose of using a home loan repayment calculator?

A home loan repayment calculator is a useful took to determine how much money can be feasibly borrowed give current expenses and income. It is a common tool that most lenders make use of as marketing material on their websites.


What is a sentence with Loan?

I took a loan from my bank to buy my first car.


Who is responsible for a loan your wife took out in Oregon?

Your wife and anyone who signed as comaker on that loan.


Where can I obtain a marriage certificate?

You can obtain a marriage certificate from the vital records office in the county where the marriage took place.


If you default on a loan in UK can they take your house?

This will likely depend upon the type of loan you took out and whether or not your house was placed as collateral on the loan.


When did Cleopatra marrie Mark Anthony?

The so-called marriage between Cleo and Marc took place in 37 BC.The so-called marriage between Cleo and Marc took place in 37 BC.The so-called marriage between Cleo and Marc took place in 37 BC.The so-called marriage between Cleo and Marc took place in 37 BC.The so-called marriage between Cleo and Marc took place in 37 BC.The so-called marriage between Cleo and Marc took place in 37 BC.The so-called marriage between Cleo and Marc took place in 37 BC.The so-called marriage between Cleo and Marc took place in 37 BC.The so-called marriage between Cleo and Marc took place in 37 BC.


What happens if you take a personal loan out from a family member and they pay the loan off through the banking institution are you still responsible to pay off loan?

The question doesn't make sense. If your family member gave you a loan, what "banking institution" was involved? Why did the person you took a loan out from have to pay off anything?If you took out a loan, yes you're responsible for paying it back.


What is a senior loan?

If you were to loose your home for example...and the forclosure took in 100k, and you had a primary loan of 90K, and a secondary loan of 90K, then ... the primary (senior), loan gets 90K, and the secondary loan gets 10K.


What does it mean when a debt or a loan is personally secured?

When a debt or loan is personally secured, it means that the person who took out the loan has used something as security in case they default on the loan. A mortgage is an example of a secured loan.


How long does it take to finalize a car loan?

When I went and got a car loan, it took less than an hour.