0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
How do savingborrowing and investing help the economy?
Saving, borrowing, and investing help to keep money moving and active. When people save money in a bank, the money does not just sit there; banks loan out a portion of the money to other people. Those people buy goods and services and invest in businesses, like real estate, as well as pay the loan back with interest. This movement of money helps the economy.
Impact of world bank loan on Indian economy?
Manmohan singh is a PM of india ,as result .
What are the two programs that have historically been used to stabilize farm incomes?
The loan support program and deficiency payments.
How do bank loans help the economy grow?
Bank loans give capital investment to people who have ideas or plans which are economically beneficial but lack the means to create their idea. Usually, a loan entails that a person creates a success and pays the loan off. A loan is mutually beneficial because the bank and the individual profit from it. This means that there is a total gain in social welfare. Additionally, the increased production and capacity from capital investment increases overall production and thus GDP (which is a function of production).
How does economy affect people?
I've been a loan officer since 2003 and the economy has affected not only the people I try to help with their home loan needs, it has also affected the entire business as a whole. Everyone in the industry is working harder then ever to make a living and provide quality service in time when home loans are more difficult to obtain. I'm wortking twice as hard for 50% pay. Currently, mortgage rates are low and now is a great time to consolidate any debt or buy another home. Jeff R Voyage Financial Group
What are some student loan forgiveness programs?
There are different student loan forgiveness programs out there to help pay off your loans. Some sites are: www.finaid.org/loans/forgiveness.phtml and also www.staffordloan.com/repayment/forgiveness.php.
What are the best debt consolidation programs?
With a debt consolidation loan, a company fronts you the money to pay off your debt (or a portion of your debt), so then your monthly debt payments get streamlined into the one loan payment. Your debt consolidation loan ideally has a lower interest rate so you can save on interest as you pay it off.
How Do I Apply For An SBA Loan?
SBA offers many loan programs which can be described at their website. The SBA does not directly make loans, however they will guarantee loans made with the help of SBA approved lenders. You can find a business counselor who can help you in preparing your SBA loan application.
How can I get a home loan with bad credit?
While it is still possible to get a loan with bad credit, in this troubled economy it will be extremely difficult. A high down payment and co-signer will help you in the process.
What loan programs does the Bank of America offer?
Bank of America offers many different loan programs. Home loans is one type of loan programs they offer. They also offer a student loans program too.
What benefit does a non conforming home loan have on the economy?
A non conforming home loan can have benefits on the economy. Some of these benefits on the economy are by limiting the high-cost areas of living which has also been incorporated.
What are the benefits of using Washington Mutual Bank?
There are many perks to using Washington bank. If you need help getting a loan, this is something that they specalize in. Also they have different programs specific to your needs and they have incentive programs persoanlized for you.
Where can I find a good student loan program where the interest rate isn't too high?
There are student loan programs where the interest rate is reasonable. One of the best programs is the Sallie Mae Student Loan. The sie is www.salliemae.com/.
Loan Repayment Progams?
Getting a student loan is not very difficult. There are plenty of different organizations, banks and other lenders that are willing to give out student loans for individuals going to undergraduate and graduate programs all over the country. The difficultly arises in repaying these loans. College loans are often tougher to pay back than regular loans. This is simply due to the fact that they are taken out at a time when an individual is least likely to be financially secure. While college loans remain deferred until education is completed, they come into effect a few months after graduation. Not every student has a steady, well paying job straight after college. In fact, most students struggle through part time or low paying jobs until they can find their bearings. As a result, finding loan repayment programs can be very important. Most people fail to realize that there actually are programs out there willing to help recent college graduates who are struggling with their loan payments. While it may seem embarrassing to ask for help in repaying a loan, the embarrassment is better than the potential credit implications. Not repaying a college loan can be disastrous for one's credit history, so it is crucial to find loan repayment programs if one cannot keep up with the payments. There are plenty of student loan consolidation programs that help with loan repayments. These consolidation programs combine a student's various college loans into one payment that is made per month. This makes everything simpler and easier to handle. There are also possibilities for a structured payment plan that includes only paying the interest for a certain period of time. This can give recent graduates the breathing room they need to figure out their ideal job without having to worry about huge loan payments right after they graduate. The message to college graduates is clear, do not hesitate to find out more information about loan repayment programs. There is help out there for those who are willing to ask for help. All one needs is a job that pays at least $2000 a month and loan debt of more than $3500 and one can qualify for help from loan consolidation programs.
What is the student loan forgiveness act?
You can learn more about the Student loan forgiveness act at "www.loansafe.org", as well as many news websites such as cnn.com using the keywords "loan forgiveness act". The act was forged in an attempt to ease the financial burden of graduates in order to help boost the economy.
How do savingborrowing and investing help the economy?
Saving, borrowing, and investing help to keep money moving and active. When people save money in a bank, the money does not just sit there; banks loan out a portion of the money to other people. Those people buy goods and services and invest in businesses, like real estate, as well as pay the loan back with interest. This movement of money helps the economy.
How can you modify a car loan?
Call them and ask them to help you modify your loan. Call them and ask them to help you modify your loan.
