If your credit is good, a bank will lend you money. If your credit is bad, then only a very close personal friend, who is willing to take a risk, will lend you money.
Probably not, after much research I find that you can give money to get money and they when you pay it back you can get your money back.
Well the number one risk is that the person you lend it to can't pay you back or stole your money. Other risks is you can struggle to get all your money back. After you lend it stuff can go wrong and then you need the money now you don't have it!
As their name suggests, lenders lend money to their customers. This money is then paid back with interested added to it.
The noun form of "lend" is "loan." A loan refers to the act of giving something, typically money, to someone with the expectation that it will be paid back, often with interest.
Banks do not create money, they only use the money from saving accounts and lend it to people. When they lend the interest from the loan is profit for the bank.
Only if he has signed a document that recognizes that you you lend him the money, that he promises to pay you back and that he pledges the truck as collateral for the loan. If this is the case you can legitimately put a lien on the truck and repossess it if he does not pay you. Other than that he can claim that you gave it to him as a gift.
I am unable to lend you money at this time.
Probably not, after much research I find that you can give money to get money and they when you pay it back you can get your money back.
Well the number one risk is that the person you lend it to can't pay you back or stole your money. Other risks is you can struggle to get all your money back. After you lend it stuff can go wrong and then you need the money now you don't have it!
As their name suggests, lenders lend money to their customers. This money is then paid back with interested added to it.
No. If I give you money, it is yours. You can do whatever you want with it. If I lend you money, I had better get a receipt. I will need paperwork. Then, I can sue you to get it back. The name of the game is paperwork.
For lots of reasons. It is in the interest of the US to lend money to other countries. It helps those countries. It improves relations between them. Most importantly, when the money is paid back, the US makes a profit.
no
The noun form of "lend" is "loan." A loan refers to the act of giving something, typically money, to someone with the expectation that it will be paid back, often with interest.
There is a saying in Vietnamese which roughly translates to be "Much effort to lend, much effort to ask for it back". This saying sums up my feeling. If I lends things to people, I should be prepare to forgive and forget if the lent item/money does not come back or come back different than when it was handed out.
Money lenders and banks.
borrowing money is when you ask somebody to politely lend you a few dollars or even a wad of money, until you pay them back without interest.