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Loans

Money lent to individuals or businesses in return for interest in addition to repayment of principal. Common types of loans include commercial loans, interbank loans, mortgage loans, and consumer loans.

13,117 Questions

What percentage of Ivy League athletes receive financial aid?

Approximately 50% of Ivy League athletes receive financial aid. The Ivy League institutions do not offer athletic scholarships, but they provide need-based fina

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What distinguishes hard money lenders from other lenders?

Great question! The key distinction between hard money lenders and traditional lenders (like banks or credit unions) boils down to how they evaluate loan applic

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Does Payday Loans Online offer loans to people with decent credit?

payday loans online with same-day deposit are available to people with all types of credit—including those with decent credit. While these loans are often marke

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WHAT IS THE ADDRESS FOR PNC AUTO LOAN PAYOFFS?

To pay off a PNC Auto Loan, you should send your payment to the address specified on your loan statement or payment coupon. Typically, the address for loan payo

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When do you pay taxes on home equity?

You typically pay taxes on home equity when you sell your home and realize a profit, as capital gains tax may apply if your profit exceeds certain thresholds. A

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Who gives financial aid?

Financial aid is typically provided by a variety of sources, including federal and state governments, colleges and universities, private organizations, and non-

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The way for students to apply for a direct Stanford loan is to what?

Students can apply for a direct Stanford loan by completing the Free Application for Federal Student Aid (FAFSA) to determine their eligibility. Once the FAFSA

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What does perfecting collateral mean?

Perfecting collateral refers to the legal process of establishing a lender's rights to a borrower's pledged assets in the event of default. This typically invol

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What general loan types does HMDA NOT require financial institutions to identify each calendar year?

The Home Mortgage Disclosure Act (HMDA) does not require financial institutions to report certain types of loans, including home equity lines of credit (HELOCs)

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When will barksdale federal credit union start the repossession process for a auto loan?

Barksdale Federal Credit Union typically begins the repossession process for an auto loan after the borrower has defaulted on their payments, which usually occu

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What is the total interest on a ten-year 6.1 loan with a principle of 32000?

To calculate the total interest on a ten-year loan with a principal of $32,000 and an interest rate of 6.1%, you can use the formula for simple interest: Intere

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What Do You Call When Someone Pays Back a Loan Quick?

When someone pays back a loan quickly, it is often referred to as "early repayment" or "early payoff." This can sometimes result in lower ov

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Is repayment to the lender a tax issue?

Repayment to the lender is not typically considered a tax issue, as repaying a loan does not create taxable income or deductible expenses. However, the interest

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Can you get more than one title loan?

Yes, it is possible to get more than one title loan, but it depends on the lender's policies and your ability to meet their requirements. Some lenders may allow

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What is a person who agrees to pay the loan if the applicant is unable to pay?

A person who agrees to pay the loan if the applicant is unable to pay is known as a co-signer. The co-signer takes on the legal obligation to repay the loan if

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Where can i get a fast bad credit loan?

You can obtain a fast bad credit loan from online lenders that specialize in personal loans for individuals with poor credit histories. Websites like CashUSA, B

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How many business days does the SBA have to make a size determination before the contracting officer can award the contract?

The Small Business Administration (SBA) has 10 business days to make a size determination after receiving a request from a contracting officer. This period begi

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What is the volume measurement of Quicken Loans Arena?

Quicken Loans Arena, now known as Rocket Mortgage FieldHouse, has an approximate volume of 1.2 million cubic feet. This measurement accounts for the arena's sea

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How long do you have to repay loan to deceased estate?

The timeframe to repay a loan from a deceased estate typically depends on the terms of the loan agreement and local laws. Generally, creditors must file claims

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What information do you need to provide to apply for a loan?

To apply for a loan, you typically need to provide personal information such as your name, address, Social Security number, and employment details. Financial in

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What Would be your interest rate for a car loan with a FICO score of 672?

With a FICO score of 672, you would likely qualify for a car loan interest rate that falls within the average range for borrowers with fair credit. Typically, t

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How do you write a receipt for a loan?

To write a receipt for a loan, include the date of the transaction, the names of the borrower and lender, the loan amount, and the repayment terms. Clearly stat

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Why would dangerous conditions make bankers charge higher interest on loans for trade?

Dangerous conditions, such as political instability, natural disasters, or economic uncertainty, increase the perceived risk of lending. To compensate for this

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Can i get loan against property?

Yes, you can—if you own a residential or commercial property, you may be eligible for a Loan Against Property (LAP). Lenders generally consider: Ownership and c

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Double entries for settlement of hire purchase loan?

In a hire purchase agreement, the settlement of the loan involves two key entries in the accounting records. First, when a payment is made, a debit entry is rec

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