NounSingular loan Plural loans loan (plural loans)
From Wiktionary under the GNU Free Documentation License. A loan is a type of debt. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower. In a loan, the borrower initially receives or borrows an amount of money, called the principal, from the lender, and is obligated to pay back or repay an equal amount of money to the lender at a later time. Typically, the money is paid back in regular installments, or partial repayments; in an annuity, each installment is the same amount. The loan is generally provided at a cost, referred to as interest on the debt, which provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice any material object might be lent. Acting as a provider of loans is one of the principal tasks for financial institutions. For other institutions, issuing of debt contracts such as bonds is a typical source of funding. Types of loansFrom Wikipedia under the
GNU Free Documentation License How long is the loan process when buying a house? Q. I found a house, got a loan approved, made an offer, got the inspection done and the loan company had the apprisal done. Now however my mortgage loan officer said my info was with the underwriters and would let me know of the final approval. Could my loan still be denied? Asked by shell_1004 - Fri Jan 25 15:02:50 2008 - - 6 Answers - 0 Comments A. Usually it is around a month maybe a little less depending on how busy the market is. Essentially the only thing that could keep you from getting the loan is having the house appraise for less than the selling price. Otherwise you already got approved for the loan in the amount you made the offer for, so that should be an issue. Unless you ran up some debt that through your debt to income ratio out of whack. You should be O.K. Usually it takes a few weeks to get the loan written up and things finalized. Plus when did you specify to close, if you chose to close at the begining of February then that is probably why they aren't done yet. I just locked in my refinance, (which will take less time) I think we'll get that closed in 3 weeks. 15yr… [cont.] Answered by Ryan M - Fri Jan 25 15:20:41 2008 How does having a cosigner for a loan affect my credit score? Q. In doing a consolidation loan it comes to my attention that I may need a cosigner. Will this affect my credit score in any way in regards to the loan, assuming all payments are made as scheduled and the loan is paid off early? For example, would my credit score be better off if I were able to secure the loan without a cosigner? Asked by the_prairie_prophet - Tue Jul 7 16:38:51 2009 - - 2 Answers - 0 Comments A. Having a co-signer should have no effect on your score. To get the loan now, they will use your co-signer's credit score to help you get approved. In terms of your score, as long as the loan is paid, your score will improve the same amount no matter if you have a co-signer or not, I believe. Answered by PoliPino - Tue Jul 7 16:45:26 2009 How can you go about getting a personal loan from a bank? What collateral do you usually need?
Q. I will probably need to replace my car soon, but I don't know that I want a traditional car loan because it would require having more insurance, and thus be rather expensive for me. (It'd be about double for me, as I don't have a spotless driving record). I was wondering if instead I could get a personal loan from the bank, say in the neighborhood of $3-5K and use that for a car thus saving me a bunch of money by not needing collision coverage if I could pay for the car in cash. Now the questions ... is this possible, or is there usually some stipulation that you can't use a personal loan for a car? What sort of collateral do you usually need for a personal loan? If you have good credit, can you get one w/out collateral? Any info would be… [cont.] Asked by Mike D! - Sat Mar 17 09:32:58 2007 - - 4 Answers - 0 Comments A. I don't know what state you live in, but in Florida you are required to have collision insurance for at least $10,000, even if you own your car. As to personal loans, yes, if you have good credit, you can usually get one with no collateral. Just explain to the bank that you want the money to purchase a new car, and arrange a repayment schedule based on your current income. Most banks will do that. Answered by WhiteWolf359 - Sat Mar 17 09:36:47 2007 From Yahoo Answer Search: "loan" From Wikiquote under the GNU Free Documentation License.  news.google.com Reuters BUDAPEST, Nov 4 (Reuters) - Hungarian banks' loan losses will triple this year and will keep rising in 2010 but the sector has enough capital to handle the ... and more » news.google.com Wall Street Journal DETROIT (Dow Jones)--Ford Motor Co. (F) intends to raise another $3 billion through a stock sale and convertible debt ... and more » news.google.com Economic Times MUMBAI: After recording strong growth for four consecutive fortnights, loans have again dipped in the latest fortnight ending October 23. ... and more » From Google News Search: "loan"  theloanarrangerusedcars.com 267px x 975px | 67.90kB [source page] The Loan Arranger Used Cars | Auto Loans | Auto Financing Toronto | Toronto Used Car Dealers | The Loan Arranger Used Cars  vavascrap.canalblog.com 375px x 500px | 49.60kB [source page] detail porte bloc note Loan Date de cette photo 8 avril 2006 18 20 Envoye par vava scrap  sonofthesouth.net 672px x 469px | 92.60kB [source page] Uncle Sam Liberty Loan Poster More Uncle Pictures From Yahoo Image Search: "loan"  badgerherald.com Courtney Stacy Wed, 28 Oct 2009 08:15:11 GM The Badger Herald is an independent student newspaper serving the University of Wisconsin-Madison.  alanbolen.com unknown hu, 29 Oct 2009 18:48:51 GM FHA . loans. are usually easier to get than the traditional kind that most lenders offer. This is because the requirements are tailored made for those people with.  p2p.posterous.com unknown Sun, 25 Oct 2009 04:09:39 GM The . loan. discussed in previous posts is in the process of paying: One . Loan. Late. Not supposed to happen to AA. What does that mean? and Oh No! Another Late . Loan. ... Review of Late . Loan. #2 Their . loan. shows a payment as of the 2nd attempt. ... From Google Blog Search: "loan" |
