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What else can I help you with?
Is a lien considered a type of loan?
No, a lien is not considered a type of loan. A lien is a legal claim on an asset as security for a debt or obligation, while a loan is a sum of money borrowed from a lender that must be repaid with interest.
Is a home equity loan considered a lien?
Yes
Why would a bank give an auto loan without requiring a lien?
This would not be considered an auto loan by the lender. This would be considered a 'signature' loan. If you have good enough credit and a good relationship with your bank, they will loan you money without collateral.
Is a lien the same as a loan?
No, a lien is not the same as a loan. A lien is a legal claim on an asset as security for a debt, while a loan is money borrowed from a lender that must be repaid with interest.
Does my vehicle have a lien?
To find out if your vehicle has a lien, you can check the title or contact the lender who provided the loan for the vehicle. A lien indicates that there is a financial interest in the vehicle by a lender until the loan is fully paid off.
Is a lien considered a type of loan?
No, a lien is not considered a type of loan. A lien is a legal claim on an asset as security for a debt or obligation, while a loan is a sum of money borrowed from a lender that must be repaid with interest.
Is a home equity loan considered a lien?
Yes
Why would a bank give an auto loan without requiring a lien?
This would not be considered an auto loan by the lender. This would be considered a 'signature' loan. If you have good enough credit and a good relationship with your bank, they will loan you money without collateral.
Is a lien the same as a loan?
No, a lien is not the same as a loan. A lien is a legal claim on an asset as security for a debt, while a loan is money borrowed from a lender that must be repaid with interest.
Is a lien on a property considered real or personal property?
A lien is considered personal property.A lien is considered personal property.A lien is considered personal property.A lien is considered personal property.
Can a loan company put a lien on your car if its not paid off?
If the vehicle was put as collateral for the loan, there already is a lien on it.
What is the statue of limitations on a car lien?
The lien is no longer applied to the vehicle when the loan is paid off. You can then get a lien release from the lender. As long as the loan has not been paid off the vehicle still has a lien on it.
How do you put a lien on a vehicle?
how can i put a lien on a motor vehicle for a loan that was put out and no payment made yet on the personal loan
What is Par loan?
I am working in one of the MNC where I am recently transfer to Bank Loan department (Syndicate loan )so I want to Know about below loans.1) Par Loan.2) Distressed Loan.3) Term Loan.4) First Lien & Second Lien Loan
Does my vehicle have a lien?
To find out if your vehicle has a lien, you can check the title or contact the lender who provided the loan for the vehicle. A lien indicates that there is a financial interest in the vehicle by a lender until the loan is fully paid off.
Putting a lien on your drivers license?
can a car loan company put a lien on drivers license
After 10 years is car lien valid?
Unless the lien is waived, yep. Did you pay the loan off? If so, get the lien lifted.
