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Virgin money is not technically a loan provider. They facilitate person to person lending by formalizing payment plans and loan terms but do not lend money themselves.

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14y ago

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How can one obtain a loan from Northern Rock?

Northern Rock was a British bank that has been bought and merged with Virgin Money which is a brand. To get a loan with Virgin Money, you look for a lender and use Virgin Money as the service provider.


What is called money borrowed using a credit card a cash?

a loan


What is refinancing an existing loan?

Obtaining a new loan to pay off an old loan using the funds from the new loan. Any time you take old money owed and pay it off with new money owed you have refinanced.


What is the opposite of a loan?

Deposit is the opposite of loan. A loan is a service in which a customer borrows money from a bank. Whereas, a deposit is a service in which a customer places the money he has in a bank. Banks usually lend loans using the money that is deposited in their accounts by customers.


What is Virgin Money's population?

Virgin Money's population is 2,012.


How can I borrow money using my car as collateral?

To borrow money using your car as collateral, you can apply for a car title loan. This involves giving the lender your car title in exchange for a loan amount based on the value of your car. If you fail to repay the loan, the lender can take possession of your car.


Can you pay back a loan with the loan money?

No, you cannot pay back a loan with the same loan money.


When was Virgin Money created?

Virgin Money was created on 1995-03-03.


When was Virgin Money US created?

Virgin Money US was created in 2000.


Can you change your loan from a hard money loan back to a convetional loan?

refinance the hard money loan back to a conventional bank loan


What is loan renewal?

a loan renewal is a loan you already have and you need more money so you renew the that loan for more money


Can you get a loan with a prepaid debit card?

The question itself, on my own perspective, has two meanings: 1. You are using the debit card to loan money from financial institutions or money lenders as a guarantee. ---- When you borrow money to some lenders, they require you to guarantee your loan with the credit card. They will allow you to lend from 70 - 100% of you credit card's limit. This scenario may not be applied to a debit card even if it has sufficient funds. 2. You are using the debit card to receive the loan that you have filed with a lending institution or money lender. ------ If the debit card is issued by the bank itself, the lending company can deposit your loan to this account for you to receive it by withdrawing using the card itself.