loans
The lender is the mortgagee. The person who borrows the money is the mortgagor.
to me the disadvantages is that the person you gave money to may not pay back
A person who lends money is called a money lender or a Creditor. A person who lends the use of goods and services is called a Renter or a Seller.
When you owe money to another lender, you are a _____.
A person or company that loans money and takes a security interest in real property.The lender can provide more than just real estate loans, but it is referred to as the mortgage lender when someone is talking about a real estate loan.
The LENDER provides nothing the LENDER requires YOU to provide the evidence before they will lend you any money.
The lender is the mortgagee. The person who borrows the money is the mortgagor.
Of course!
The person who has the lowest risk in the eyes of a lender is one with the high credit score. Such a person is considered to have the ability to repay borrowed money without a problem.
to me the disadvantages is that the person you gave money to may not pay back
When you owe money to another lender, you are a _____.
what is the farmer and money-lender were alike
When you owe money to another lender, you are a _____.
Nothing that I know of, maybe a civil suit. You are learning the pitfalls of co-signing the hard way. Keep the lender aware of the signors address( so the lender can pester them as well as you), any windfall money the signor may get to collect from by the lender,ect. Good Luck
A person who lends money is called a money lender or a Creditor. A person who lends the use of goods and services is called a Renter or a Seller.
The purpose of a pay day lender is to lend people money if they are short of money before pay day. They do have very high interest rates which some people are not aware of.
When you owe money to another lender, you are a _____.