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A loan extended to a person is called credit.
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∙ 13y ago
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What term refers to a person business or institution that extended a loan to you?
The word you want is lender.
Can you get a pink slip for a car left by a MIA person who still has a loan that was outstanding over a year ago without paying it off?
IF you contact the lender that has the loan on it and IF the lender approves you to assume the loan.
What term refers to the person business or institution that extend a loan to you?
The "lender".
Can you have a person with new credit cosign your loan?
It's up to the lender.
Who is the owner of a loan that is co-signed?
The lender is the owner of the loan.The person who cosigns a loan is equally responsible for paying it if the primary borrower does not pay.See related question link.The lender is the owner of the loan.The person who cosigns a loan is equally responsible for paying it if the primary borrower does not pay.See related question link.The lender is the owner of the loan.The person who cosigns a loan is equally responsible for paying it if the primary borrower does not pay.See related question link.The lender is the owner of the loan.The person who cosigns a loan is equally responsible for paying it if the primary borrower does not pay.See related question link.
What terms refer to the person business or institution that extended a loan to you?
The "lender".
What term refers to a person business or institution that extended a loan to you?
The word you want is lender.
Can you get a pink slip for a car left by a MIA person who still has a loan that was outstanding over a year ago without paying it off?
IF you contact the lender that has the loan on it and IF the lender approves you to assume the loan.
Can you have a person with new credit cosign your loan?
It's up to the lender.
What term refers to the person business or institution that extend a loan to you?
The "lender".
If you have paid an auto loan that's in another person's name for over one year is the lender legally obligated to transfer the loan to your name if you request it?
The lender is only attempting to protect his interest. If you have not established credit to the point that the lender can feel that the loan is secure he will probably not be willing to transfer the loan.
Who is the owner of a loan that is co-signed?
The lender is the owner of the loan.The person who cosigns a loan is equally responsible for paying it if the primary borrower does not pay.See related question link.The lender is the owner of the loan.The person who cosigns a loan is equally responsible for paying it if the primary borrower does not pay.See related question link.The lender is the owner of the loan.The person who cosigns a loan is equally responsible for paying it if the primary borrower does not pay.See related question link.The lender is the owner of the loan.The person who cosigns a loan is equally responsible for paying it if the primary borrower does not pay.See related question link.
Can you get auto insurance under your dad if hes not on the car loan?
Yes. The leinholder (the person who has to pay the loan) and the lender (the person who receives the loan payments) is not related to the person insured to drive the vehicle.
What recourse does lender have after a repossed vehicle is sold and there is still not enough money to satisfy loan?
did you mean resource? The lender has authorization called lean to hold your property after a loan debt.
Can a person who receives Social Security be a cosigner for a car loan?
IF the lender approves, YES.
Does the person quitclaimed to the deed responsible for the loan?
The person who signed the mortgage is responsible for the loan. They must notify the lender if they transfer ownership to someone else and the full balance will be due at the time of the transfer. If the mortgage isn't paid the lender will take the property.
Can a payday lender sue you if you were not approved for the loan?
No. If you were not approved for the loan, no loan was made and therefore you don't have any responsibility to the lender.
