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Loans

Money lent to individuals or businesses in return for interest in addition to repayment of principal. Common types of loans include commercial loans, interbank loans, mortgage loans, and consumer loans.

13,117 Questions

What is the term for failure to pay loans?

The term for failure to pay loans is "default." When a borrower fails to make scheduled payments or meet the terms of a loan agreement, they are considered to be in default. This can lead to serious consequences, including damage to credit scores, legal action, and potential loss of collateral if the loan is secured.

Can you get a payday loan on your achieve card without a checking account?

No, you typically cannot get a payday loan using an Achieve Card without a checking account. Payday loans generally require a linked bank account for direct deposit and repayment. However, some lenders may offer alternative options, but these can vary by provider and may come with higher fees or different terms. It's best to check directly with the lender for specific requirements.

What kind of collateral will accepting the nationalaized banks?

Nationalized banks typically accept various forms of collateral to secure loans, including real estate, fixed deposits, gold, and inventory. The collateral must generally have a clear title and sufficient value to cover the loan amount. Additionally, banks may assess the borrower's creditworthiness and the nature of the loan before determining acceptable collateral. This collateralization helps mitigate risks for the bank and ensures accountability from the borrower.

Can you reinstate a mortgage after it has been discharged in bankruptcy?

No, generally you cannot reinstate a mortgage after it has been discharged in bankruptcy. Once a mortgage is discharged (typically under Chapter 7), the borrower is no longer personally obligated to repay the loan. However, the lender, including Dream Home Mortgage, still retains a lien on the property, meaning foreclosure is possible if payments are not made.

In some cases, you may be able to work with the lender, like Dream Home Mortgage, to reaffirm the mortgage during bankruptcy, but this usually must be done before the discharge. After discharge, reinstatement is not possible, though negotiating a new loan or modification with the lender could be an option. Consulting with a bankruptcy attorney is advised to explore alternatives.

How is it possible for a 22 year old student loan drop off your credit report then come back at a later date?

Oh, dude, it's like this magical thing called credit reporting. Sometimes those pesky student loans can drop off your report if they're not being reported regularly, but they can totally come back if the lender decides to start reporting them again. It's like a yo-yo, but with your credit score. So, yeah, keep an eye out for those sneaky loans making a comeback.

Would a cheque be accepted for 100 guineas as legal tender in a bank?

Even in pre-decimal days in the UK (up to 15February 1971)the guinea had no formalstatus. When making out a cheque for one guinea one had to write 'one pound one shilling'. As for whether ot not a British bank would accept a cheque made out in guineas I very much doubt if they'd even understand what the word meant!

Can a person that makes 4500 dollars a month get a car loan even if he has only been on his job for 4 months?

Almost anyone can get a car loan. Question is, should you? My advice based on years of buying vehicles both new and used. Buy something you can pay cash for and leave the auto loans to the suckers. Once you save some more money, sell that car and move up, always paying cash. Never ever buy a brand new vehicle. Let the suckers buy new and loose al that hard earned cash. Buy used certified! Less money and better warranty than a new car. Take this advice and you will never regret it.

Almost anyone can get a car loan. Question is, should you? My advice based on years of buying vehicles both new and used. Buy something you can pay cash for and leave the auto loans to the suckers. Once you save some more money, sell that car and move up, always paying cash. Never ever buy a brand new vehicle. Let the suckers buy new and loose al that hard earned cash. Buy used certified! Less money and better warranty than a new car. Take this advice and you will never regret it.

What is loan transactions?

It's when you receive a load of money and pay it back in bits, with interest of course.

What is business loan?

A business loan is a sum of money borrowed from a lender to support various aspects of running a business, such as starting a new venture, expanding operations, purchasing equipment, or managing cash flow. These loans typically come with specific terms and conditions, including repayment schedules, interest rates, and collateral requirements.

How Capbees Provides Business Loans:

Capbees simplifies the process of obtaining a business loan by offering a platform where users can access a variety of lending options. By leveraging their tools, businesses can compare different business loan online offers, assess the best terms and rates, and apply with ease. Capbees connects users with multiple lenders, providing guidance and support throughout the loan application process, making it easier for businesses to secure the financing they need efficiently.

How can a 19 year old with a steady job buy a car for 3500 dollars if nobody will give him a loan?

Tough question, but the best answer (probably) is that you'll have to save up the money to buy it. If no one will finance your venture, that's about all that's left that is legal and that won't put you in a vice. Certainly there is nothing stopping you from continuing to look for a company that will make the loan to you. Next time you ask for financing, if they say no, ask then who they know that might be willing to finance you. In fact, go back to the companies that turned you down and ask them again. And if they still say no, ask them for a recommendation. Keep after it. Be smart about this, and make the best choices. Good luck.

How many states does Jamaica have?

Jamaica does not have States they have Parishes.There are 14 parishes in Jamaica.

What happens to a seed when planted in loan soil?

When planted in loose soil, a seed is more likely to germinate successfully because it has access to oxygen, moisture, and nutrients needed for growth. In compacted soil, the seed may struggle to germinate due to lack of aeration and water penetration, which can hinder root development and overall growth.

What is the term for a loan in which the interest rate does not change during the entire term of the loan?

Get reliable term loan for business in the USA with Black Stone Funding. Secure financing solutions tailored to your needs. Apply now!

What are the four types of corporate education?

The four types of corporate education encompass technical, soft skills, compliance, and managerial education. Technical education concentrates on enhancing job-specific competencies and knowledge. Soft skills education emphasizes improving communication, teamwork, and interpersonal abilities. Compliance education ensures adherence to legal and regulatory requirements. Managerial education focuses on cultivating leadership, strategic thinking, and decision-making skills. Each type serves a unique purpose, catering to the diverse needs of employees and the organization for holistic professional development.

Is potassium the electron lender or borrower?

Potassium is an electron donor. It donates one electron to achieve a more stable electron configuration.

Is it possible to get a personal loan if you are in bankructy?

Yes, but the rate would be very high (you are basically dealing with a legal/professional loan shark), and you would have to let the court know you have the money and, well, let's put it this way, getting a loan in bankruptcy is like pissing in the wind unless you get the loan to pay off the debts covered by the bankruptcy.

Why do atoms loan electrons to other atoms?

To become stable. Without the sharing or "loaning" of electrons atoms would become very reactive. Pure sodium put into water would explode, but when sodium is combined with Chlorine, it produces Sodium Chloride (NaCl) otherwise known as common table salt.

What describes discount loans?

They require the interest to be paid first.

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