Loan

Jan 5 2018

How Do I Qualify for a Government Debt Consolidation Loan? mobile wiseGEEK #student #loan #consolidation #rates

#government debt consolidation loans # wiseGEEK: How Do I Qualify for a Government Debt Consolidation Loan? To qualify for a government debt consolidation loan, you will typically have to meet the criteria of the lending program in question. Usually, these programs are offered for students who have more than one loan and want to make repayment easier. You can likely qualify if you are not in default or delinquent on your payments. Depending on where you are located and the type of loan in question, you may not have to submit to a credit check as you would if you …

Nov 26 2017

What is a Cash Advance? (with pictures) – mobile wiseGEEK #micro #loans

#cash advance # wiseGEEK: What is a Cash Advance? Cash advances are essentially loans that are funded from the open balance in a credit card account or a line of credit. Many credit card providers include this feature as part of the services provided to customers. The maximum amount that can be borrowed and the frequency of the allowed advances will vary depending on the terms and conditions of the credit card or line of credit agreement. How a Cash Advance Works Along with the credit limit assigned to a credit card or line of credit, the issuer will also …

Aug 1 2017

What is a Guarantor? (with pictures) – mobile wiseGEEK #small #loans #for #bad #credit

#guarantor loans # wiseGEEK: What is a Guarantor? A guarantor is a person or company that guarantees that a loan or other type of debt will be paid. Usually, this person or company agrees to pay another person’s debt or perform that person’s duty if he or she should fail to do so himself or herself. The term is most commonly used in reference to financial assistance. A parent who cosigns a student loan for a child could be considered a guarantor; if the child defaults on his or her debt, the parent would be held liable for the remainder …

Jul 24 2017

How Do I Qualify for a Government Debt Consolidation Loan? mobile wiseGEEK #credit #consolidation

#government debt consolidation loans # wiseGEEK: How Do I Qualify for a Government Debt Consolidation Loan? To qualify for a government debt consolidation loan, you will typically have to meet the criteria of the lending program in question. Usually, these programs are offered for students who have more than one loan and want to make repayment easier. You can likely qualify if you are not in default or delinquent on your payments. Depending on where you are located and the type of loan in question, you may not have to submit to a credit check as you would if you …

Jul 8 2017

What Are Green Loans? (with pictures) – mobile wiseGEEK #pink #slip #loans

#green loans # wiseGEEK: What Are Green Loans? Green loans are specifically for assisting small businesses and individuals in starting or expanding eco-friendly products or services. They are also available to existing businesses that want to “go green” and have a positive impact on the environment. Green loans are available from commercial lenders and through “peer lending” from groups of private individuals. Projects qualifying for green loans include recycling, composting, community gardens, and janitorial uses for eco-friendly products. The loans can also be used for home remodeling, roofing, solar panels and windows. Green landscaping. which uses native plants in dry …

Jul 6 2017

What is a Mortgage? (with pictures) – mobile wiseGEEK #loan #consolidation

#what is a loan # wiseGEEK: What is a Mortgage? A mortgage is a loan procured by a buyer to pay off the seller of a piece of property in full. The buyer then owes the lender the total amount borrowed, plus interest and fees. As collateral or guarantee of payment, the lender holds the deed or ownership of said property, until the buyer pays the mortgage off. However, the buyer occupies the property as if it were already his or her own. There are several types of mortgage loans available, and which is best for a particular buyer depends …

Jul 6 2017

What is a Guarantor? (with pictures) – mobile wiseGEEK #student #loan #interest #rates

#guarantor loans # wiseGEEK: What is a Guarantor? A guarantor is a person or company that guarantees that a loan or other type of debt will be paid. Usually, this person or company agrees to pay another person’s debt or perform that person’s duty if he or she should fail to do so himself or herself. The term is most commonly used in reference to financial assistance. A parent who cosigns a student loan for a child could be considered a guarantor; if the child defaults on his or her debt, the parent would be held liable for the remainder …

Jul 6 2017

What is a Commercial Loan? mobile wiseGEEK #pay #loans

#commercial loans # wiseGEEK: What is a Commercial Loan? Commercial loans are bank loans that are granted to different types of business entities. In some cases, the loan is extended to assist a company with short term funding for basic operational functions, such as meeting payroll or purchasing supplies that are used in the production of the goods manufactured and sold by the company. At other times, it may be used to purchase new machinery that is directly connected to the operation of the business. The commercial loan is often thought of in terms of a short-term source of cash …

Apr 14 2017

What is a Personal Installment Loan? (with pictures) – mobile wiseGEEK #payday #loan #lender

#personal installment loans # wiseGEEK: What is a Personal Installment Loan? A personal installment loan is a loan made to a private party that is paid back in smaller payments little by little. The most common type of loans are those which are paid back monthly, and involve a payment that combines principal and interest. They are generally different than revolving credit loans in that the loans are issued on a one-time basis. Interest rate percentages are based on the bank’s standard rates, plus considerations for personal credit history and possibly other factors. A personal installment loan may be tied …

Apr 1 2017

How Do I Qualify for a Government Debt Consolidation Loan? mobile wiseGEEK #loan #comparison

#government debt consolidation loans # wiseGEEK: How Do I Qualify for a Government Debt Consolidation Loan? To qualify for a government debt consolidation loan, you will typically have to meet the criteria of the lending program in question. Usually, these programs are offered for students who have more than one loan and want to make repayment easier. You can likely qualify if you are not in default or delinquent on your payments. Depending on where you are located and the type of loan in question, you may not have to submit to a credit check as you would if you …

Feb 6 2017

What Are Green Loans? (with pictures) – mobile wiseGEEK #house #loans

#green loans # wiseGEEK: What Are Green Loans? Green loans are specifically for assisting small businesses and individuals in starting or expanding eco-friendly products or services. They are also available to existing businesses that want to “go green” and have a positive impact on the environment. Green loans are available from commercial lenders and through “peer lending” from groups of private individuals. Projects qualifying for green loans include recycling, composting, community gardens, and janitorial uses for eco-friendly products. The loans can also be used for home remodeling, roofing, solar panels and windows. Green landscaping. which uses native plants in dry …

Feb 1 2017

What is an Unsecured Loan? (with pictures) – mobile wiseGEEK #financial #aid #loans

#unsecured loan # wiseGEEK: What is an Unsecured Loan? An unsecured loan is money lent from one party to another without any collateral to secure its repayment. In most cases, these types of loans are considered somewhat high-risk, since the lender does not usually have any way of forcing the borrower to comply with the terms or make payments on time short of legal action. For this reason, most unsecured loans carry relatively high interest rates and are often only available to those with strong credit scores. Reasons for Pursing an Unsecured Loan Unsecured loans are used primarily for small, …

Jan 26 2017

What is a Government Debt Consolidation Loan? (with pictures) – mobile wiseGEEK #same #day #loans

#government debt consolidation loans # wiseGEEK: What is a Government Debt Consolidation Loan? A government debt consolidation loan is a loan given by a government program or agency in order to help a person pay off debts he or she owes to multiple institutions simultaneously. The debtor basically surrenders all outstanding balances to the government entity, which will pay them and issue a new loan representing the balance owed, plus some degree of interest in most cases. People often like this sort of structure because of its convenience. They can make just one payment instead of many, and they don’t …

Jan 26 2017

What is a Guarantor? (with pictures) – mobile wiseGEEK #bad #credit #car #loan

#guarantor loans # wiseGEEK: What is a Guarantor? A guarantor is a person or company that guarantees that a loan or other type of debt will be paid. Usually, this person or company agrees to pay another person’s debt or perform that person’s duty if he or she should fail to do so himself or herself. The term is most commonly used in reference to financial assistance. A parent who cosigns a student loan for a child could be considered a guarantor; if the child defaults on his or her debt, the parent would be held liable for the remainder …

Jan 26 2017

What is a Collateral Loan? (with pictures) – mobile wiseGEEK #payday #loans #for #bad #credit

#collateral loans # wiseGEEK: What is a Collateral Loan? A collateral loan is also called a secured loan. It is a loan obtained from a banking or other financial institution, where in exchange, the creditor may sell that which is offered for collateral if the loan is unpaid. A collateral loan is often offered at a lower interest rate than an unsecured loan. because there is a guarantee of repayment should the borrower default on the loan. A collateral loan may use different things to secure the loan. Often people use stocks or bonds to establish this type of loan. …

Nov 26 2016

How Do I Qualify for a Government Debt Consolidation Loan? mobile wiseGEEK #loan #repayments

#government debt consolidation loans # wiseGEEK: How Do I Qualify for a Government Debt Consolidation Loan? To qualify for a government debt consolidation loan, you will typically have to meet the criteria of the lending program in question. Usually, these programs are offered for students who have more than one loan and want to make repayment easier. You can likely qualify if you are not in default or delinquent on your payments. Depending on where you are located and the type of loan in question, you may not have to submit to a credit check as you would if you …

Nov 2 2016

What is a Government Debt Consolidation Loan? (with pictures) – mobile wiseGEEK #pink #slip #loans

#government debt consolidation loans # wiseGEEK: What is a Government Debt Consolidation Loan? A government debt consolidation loan is a loan given by a government program or agency in order to help a person pay off debts he or she owes to multiple institutions simultaneously. The debtor basically surrenders all outstanding balances to the government entity, which will pay them and issue a new loan representing the balance owed, plus some degree of interest in most cases. People often like this sort of structure because of its convenience. They can make just one payment instead of many, and they don’t …

Nov 2 2016

What is a Guarantor? (with pictures) – mobile wiseGEEK #debt #consolidation #loan #calculator

#guarantor loans # wiseGEEK: What is a Guarantor? A guarantor is a person or company that guarantees that a loan or other type of debt will be paid. Usually, this person or company agrees to pay another person’s debt or perform that person’s duty if he or she should fail to do so himself or herself. The term is most commonly used in reference to financial assistance. A parent who cosigns a student loan for a child could be considered a guarantor; if the child defaults on his or her debt, the parent would be held liable for the remainder …

Sep 17 2016

What is a Loan? (with pictures) – mobile wiseGEEK

#what is a loan # wiseGEEK: What is a Loan? A loan is a financial transaction in which one party (the lender) agrees to give another party (the borrower) a certain amount of money with the expectation of total repayment. The specific terms of a loan are often spelled out in the form of a promissory note or other contract. The lender can ask for interest payments in addition to the original amount loaned (principal). The borrower must agree to the repayment terms, including the amount owed, interest rate and due dates. Some lenders can also assign financial penalties for …

Sep 17 2016

What is a Guarantor? (with pictures) – mobile wiseGEEK

#guarantor loans # wiseGEEK: What is a Guarantor? A guarantor is a person or company that guarantees that a loan or other type of debt will be paid. Usually, this person or company agrees to pay another person’s debt or perform that person’s duty if he or she should fail to do so himself or herself. The term is most commonly used in reference to financial assistance. A parent who cosigns a student loan for a child could be considered a guarantor; if the child defaults on his or her debt, the parent would be held liable for the remainder …

Sep 17 2016

What is a Collateral Loan? (with pictures) – mobile wiseGEEK

#collateral loans # wiseGEEK: What is a Collateral Loan? A collateral loan is also called a secured loan. It is a loan obtained from a banking or other financial institution, where in exchange, the creditor may sell that which is offered for collateral if the loan is unpaid. A collateral loan is often offered at a lower interest rate than an unsecured loan. because there is a guarantee of repayment should the borrower default on the loan. A collateral loan may use different things to secure the loan. Often people use stocks or bonds to establish this type of loan. …

Sep 17 2016

What is a Commercial Loan? mobile wiseGEEK

#commercial loans # wiseGEEK: What is a Commercial Loan? Commercial loans are bank loans that are granted to different types of business entities. In some cases, the loan is extended to assist a company with short term funding for basic operational functions, such as meeting payroll or purchasing supplies that are used in the production of the goods manufactured and sold by the company. At other times, it may be used to purchase new machinery that is directly connected to the operation of the business. The commercial loan is often thought of in terms of a short-term source of cash …