0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What are the benefits of a short term loan over a long term loan?
Short term loans often have significantly higher total costs than long term loans as you do not typically have the paperwork and collateral required by long term loans. Short term loans should be used with care as they may make it easier for you to overextend yourself.
Which term is defined as property that is pledged as security on a loan?
Collateral, well for me it is what could place an equal but opposite return to to what i am giving as load. What if your organ could be taken as collateral? Just have the loan before borrowing.
What is collateral loan market?
loan is a loan on a promissory note secured byMarket where short term loans secured by a asset that pledged as security for repayment of a loan
What does the term foreclosure mean?
The term foreclosure means that when a loan is not paid on time, the lender has the authority to take action on the collateral assets the borrower listed to secure the loan.
Term describes the right of a lender to sell collateral to get back the principal if the borrower cannot repay the loan?
Lien is the term
What are the benefits of a short term loan over a long term loan?
Short term loans often have significantly higher total costs than long term loans as you do not typically have the paperwork and collateral required by long term loans. Short term loans should be used with care as they may make it easier for you to overextend yourself.
Which term is defined as property that is pledged as security on a loan?
Collateral, well for me it is what could place an equal but opposite return to to what i am giving as load. What if your organ could be taken as collateral? Just have the loan before borrowing.
Do I Lose Possession Of My Products After I Drive Them In?
No. You will keep the possession of your products throughout the term of the loan, the lender only will be holding onto them as collateral. If you can't pay back the loan, the loan will default and collateral becomes the property of lender.
What is collateral loan market?
loan is a loan on a promissory note secured byMarket where short term loans secured by a asset that pledged as security for repayment of a loan
What does the term foreclosure mean?
The term foreclosure means that when a loan is not paid on time, the lender has the authority to take action on the collateral assets the borrower listed to secure the loan.
Term describes the right of a lender to sell collateral to get back the principal if the borrower cannot repay the loan?
Lien is the term
What is an advantage of a short term loan?
less risk for the lender (liquidity) -> less collateral and information required.
What is the term used for a simple endorsement using signature only?
A signature loan or a personal loan. It has this name because there is no collateral for the loan. The only thing that is guaranteeing repayment is your signature.
Term Loans?
form_title=Term Loans form_header=Finance your business with a term loan from the bank. What type of term loan are you interested in?= [] Intermediate Term Loan [] Long Term Loan How much do you intend to borrow with your next term loan?=_ How long to do you hope to take to pay the term loan back in full?=_
What is the characteristic or feature commonly associated with annuity products?
long term
Variable Annuity Calculator?
Variable Annuity Calculator Contributing to a Variable Annuity creates long term tax-deferred growth. Use this calculator to see how a Variable Annuity might fit into your retirement plan.
How do you clear a lien on a car when the loan was charged off so that you can register the vehicle and retrieve it from the impound?
Other than Paying off the loan, you DONT. Charge-off is an accounting term to explain why the lender didnt make any profit on the loan. As long as the vehicle is collateral for a loan, you dont get clear title.
