Loans

a government grant that has been revoked or becomes repayable should be treated as revision of an accounting estimate. treated depend in how repayment is made.

When a borrower fails to pay the debt owed, it typically results in default, which can lead to various consequences such as damage to their credit score, legal action from the lender, or the loss of collateral if the loan is secured. The lender may initiate collection efforts or negotiate new terms to recover the owed amount. Ultimately, persistent default can lead to bankruptcy, which may provide the borrower with some relief but also has long-term financial repercussions.

The main one the ask is - can you afford the repayments ! Additionally, they would likely ask if you're employed (and for how long) - what your salary is - and what your regular outgoings are.

It's difficult but not impossible to get a loan with a low credit score. You may still get a loan at a higher rate of interest as the financial institution may find your profile risky due to past defaults.

However, before applying for a loan always check your current credit score as it's the first step to check if your loan will get approved or not. The minimum required credit score is 750. If you have 750 and above the chances of getting a loan are higher.

In case, if your score is below that then you need to improvise it and then apply for a loan. You can always reverse your bad credit score into good score by concentrating on certain parameters which had defaulted earlier such as:

Payment history: 35%

Amounts owed: 30%

Length of credit history: 15%

How many types of credit in use: 10%

Account inquiries/New credit: 10%

Your credit score only affects when you start defaulting on your payments. And ones your score is affected the chances of you getting unsecured loan minimises. In this case, you can start rebuilding a new credit history by applying for secured loan or credit cards. Secured loans has a positive impact on your score and also helps you to increase the score. Once you rebuild a credit history you can then think of applying for a small loan amount.

Direct Subsidized Stafford Loan

No. A loan processor gathers the documents and information needed so that an underwriter can approve (or disapprove) a loan. In general, the loan processor does know what is needed by the underwriter.

a display of the number of payments and the amount of interest that will be paid.

If you are interested in what an amortization schedule is, there are many information websites to help you. However, to answer you question, it is a calculator used to calculate loan payments and how much goes towards the interest and how much goes towards the principal.

commercial banks

I could not afford a tablet so I went to the bank to loan some money.

my id no is 8711240686083 .student no is 11563684.i need my statement.

I bought a car last week, I had it financed and I signed the paperwork. As I got home, I got buyers remorse, it's a car that i can't afford, ( I know dumb for signing) I tried talking to the dealer but they won't let me off my contract. The thing is I never provided them with proof of income. They've been calling me all week for it. Is there anyway I could get out of this deal by refusing to show the proof income? I really, really can't afford the car. I'm a DUMB college student that made an impulse purchase

18% plus 10 points

Normally, lenders look for 3-year history for lending cash. However, they might make the best for individuals with higher history in other companies or in some cases, when the property's value and supporting cash flows are extremely good.

if you do not have a way of paying back a loan, then you will have to go without until you find employment, whether it is washing dishes or scrubbing floors, get some work first then apply for a loan, once you have o9btained the loan, negotiate the payment plans.

I would ask the auto loan company to send you a copy of the contract to make sure that it exists and that it is something you signed. In most cases, when you agree to cosign on a loan you take on all the responsibilities of the buyer anyway, so I am not sure how much difference it will make, but if they aren't communicating with her for some reason, make sure that the dealership didn't submit the loan incorrectly, and you didn't accidentally sign it that way.

It is false. A mortgage is a secured loan. The house itself is the security.

A. The bank loan ensures that the business will be successful. B. The bank loan can be borrowed for a longer period of time. C. The business that receives a bank loan retains full ownership of its company. D. The bank loan can be obtained without paperwork.

Collateral

principle