Sentences with phrase «banks and financial institutions usually»

Banks and financial institutions usually require you to have both if you want to take a loan on your new car.

Several online platforms now allow individuals to borrow money from other individuals, allowing investors to realize the same kind of interest rates that banks and financial institutions usually make on a loan.

Not exact matches

Venture lenders (individuals or groups with a pool of money, or specialized banking organizations)-- they may provide term and short - term loans to technology businesses earlier than these loans would become available from traditional financial institutions; however, these loan facilities are usually reserved for businesses that have received venture capital investment and / or can demonstrate their ability to make loan payments from cash flow.

While the Federal Reserve has no control over it, the prime interest rate is usually pegged to the federal funds rate (or the rate at which banks and credit unions lend funds to other financial institutions through overnight transactions).

A line of credit, abbreviated as LOC, is an arrangement between a financial institution, usually a bank, and a customer that establishes a maximum loan balance that the lender permits the borrower to access or maintain.

A line of credit is basically an arrangement between a financial institution, usually a bank, and a customer that establishes a maximum loan balance that the lender permits the borrower to access or maintain.

The financial institutions most likely to require hard copies are banks that are brick and mortar banks foremost; banks that operate almost entirely online usually don't require you to send in hard copies.

Keep in mind that credit - builder loans are not widely advertised and are usually found at smaller, local financial institutions or community banks.

You can usually download the forms from a financial institution, set up an automatic transfer from your bank and be up and running in a few minutes.

Conventional money lenders like banks and other financial institutions take more time, usually months, and ask for personal and financial details of the applicant.

Personal loans are usually not secured by collateral, and are typically issued by banks, credit unions and other financial institutions.

This is because there is often more fraud protection and insurance when banking with a traditional financial institution, so if your money is stolen from your account, you can usually get it back.

Let me educate you: RESP's in Canada include 60 + providers, most of which are banks and financial institutions (life insurance & investment companies) the majority of which will invest your savings into mutual funds — there are no guarantees with these, your principal could be lost and your grant too & if your child doesn't pursue post-secondary education, you would have to pay the government grant back out of your own pocket — also the fees associated with these are called MER's (management expense ratios) which compund over time and will usually eat up as much as 1/3 of your investment.

A financial institution, usually a bank or trust company, that holds a mutual fund «s securities and cash in safekeeping.

Having poor to fair credit history is nothing to be shameful about, especially if you're trying to do something about it, and LoanMart realizes that this may affect many applicants in the bank, credit union, or pawn shop arenas who just need a little extra financial support to get out of a rut; when the final determining factor for an applicant is presented to an institution, it usually pertains to credit.

Community - based financial institution usually owned by its members that offers traditional banking services like savings accounts and loans, listed on the APRA website as a building society.

He also reminds readers that banks and other financial institutions don't usually take Black Swan Events into consideration in their risk models, and so they aren't prepared to handle them — which we saw in the financial crisis of 2007.

Banks are usually well resourced and can rely on a depth and breadth of expertise which can not be rivalled by most other non-bank financial institutions.

While it is possible to obtain credit life insurance individually, this policy is usually sold to creditors (such as financial institutions, banks, and companies selling pricey items on installment plans) on a group basis.

Credit controllers are usually hired by credit and loan department of various banks or financial institutions.