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Do recorded mortgages need an amount?

No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.


What is a commercial credit card?

A commercial credit card is one that is issued to a company or business. It normally shows the users name and the company name on the card.


How are commercial banks and credit unions different?

Commercial banks are for-profit institutions that focus on maximizing shareholder value, offering a wide range of financial services, including loans, mortgages, and investment products. In contrast, credit unions are non-profit cooperatives owned by their members, providing services primarily to those within their community or membership group. This structure often allows credit unions to offer lower fees and better interest rates. Additionally, while commercial banks are regulated by various federal and state agencies, credit unions are typically regulated by the National Credit Union Administration (NCUA).


As a credit provider what do you see as the most important element in providing credit to people?

In my humble opinion, the most important element in providing credit is the personal relationship that develops between borrower and lender.


What is the classification of credit according to type of users?

1] Consumer Credit 2] Mercantile or Commercial Credit 3] Bank Credit 4] Investment Credit

Related Questions

Is Chexsystems subject to the Fair Credit Reprorting Act rules as other credit reporting agencies?

Yes. Even though Chexsystems focuses on providing one's historical checking and savings activities to commercial banks and credit unions, in 1999 the organization was categorized by the government as a credit reporting agency. Accordingly, they are subject to the Fair Credit Reporting Act.


What agency provides a multiple award schedule contract for government commercial purchase credit card services?

General Services


Do recorded mortgages need an amount?

No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.


What are the Credit facilities provided by the commercial bank?

One credit facility provided by the commercial bank is revolving credit. Also included are term loans and letters of credit.


Who does the consolidated credit commercial?

Consolidated Credit UK TV commercial is voiced over by Darren Altman. The commercial can be seen on Sky TV and Channel 5.


What factors limit the credit creating ability of commercial banks?

factors limit the credit creating ability of commercial bank


Who is the man in the desaki beer commercial and did he also do a credit card commercial?

Desaki beer commercial


Who is the actress in the Delta Community Credit Union commercial?

Which commercial are you reffering to. I have seen a few Delta Communnity Credit Union commercials.


How do you credit a person for providing a concept in a manual?

You credit a person providing a concept in a manual by checking that his work is original and not plagiarised at all.


What is involved in commercial credit reporting?

Commercial credit reporting compiles all credit and risk information for commercial businesses. The information that they look at includes credit reports, loans, leases, supplier payments, market information, stock prices, and cash flow. It is much more involved than a consumer credit report.


What is the government site for free credit reports?

There IS no government site for free credit reports, since credit reports are provided by private firms, NOT by the government.


What is Credit Agricole?

Credit Agricole is the number one commercial bank in France