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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?

It is now.

Student loans, like child support obligations and tax liens, are in a class unto themselves in terms of credit reporting. These debts are exempt from limiations placed on other types of debts and can be pursued, reported and sued over (most of the time) indefinitely. They cannot (usually) be discharged in bankruptcy and will not disappear, no matter how long a consumer waits.

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.

Can you get a Payday loan with the emerald card?

Yes, you can potentially get a payday loan with an Emerald Card, as it functions like a regular debit card. However, payday loans often come with high interest rates and fees, so it's important to carefully consider if it's the best option for your situation.

When is the MERS deactivated on a loan?

MERS isn't "deactivated" on a loan. MERS is a servicing agent for numerous lenders and it is the actual mortgagee on a mortgage. The servicing system was devised to make mortgage discharges easier to obtain. Its involvement lasts as long as the mortgage remains unpaid. When the mortgage has been paid off then MERS will record a discharge.

Can you payoff a mortgage with a primossory note Back by a bond and a set off bond?

Hello, I in fact we also used this financial tool or instrument to pay off two of our mortgages with Washington Mutual Bank and two lines of credit or helocs with them as well. The company that we used was Gateway International Inc.. They seem to be on the up and up and nobody can verify that are not including the FBI of which we checked with, in order to verify our trust in Gateway. We have certified mail receipts and original copies of the notes along with directions for the lender to redeem the notes for cash at the federal reserve. The package looks good to us, Washington Mutual did foreclose on one home and is in process on the other. When we asked the investor what the hell was going on he simply said that he has been through this before and he knows he owns the homes and has addressed the payoffs in his 2007 tax filings and the IRS has been made and is also aware of WaMu double dipping collection policy with its consumer mortgage loans. We are under the assumption that is is illegal to proceed with foreclosure and to take possession of the homes after they had already been paid off in full, almost six months ago. The crime being that WaMu has three days to return the note if they were not going to accept it. They indeed did not, 2nd they re-keyed our home and took possession of six months after accepting payment in full. They never returned the notes to the investor, and they now have been paid in full and have possession. I am looking for a very large settlement when this is all said and done from WaMu. They have trashed our credit and taken our home and have done it to many others as well, google it and see. I would only recommend this plan if nothing else could be done to save or sell your homes. Andrew

What happens to one who leaves the priesthood?

Leaving the priesthood involves a formal process of laicization, which releases the individual from their vows and obligations as a priest. They can then choose to live a secular life. The individual may face mixed emotions, societal challenges, and potential estrangement from the Church community.