Not exact matches
Only your lender can provide you with exact information about their specific
loan renewal policy so you should check with your lender directly to
obtain the full details on their exact
extension and renewal policy.
A reduction can be
obtained either by a reduction of the interest rate or by an
extension on the
loan's length.
Loan Estimate 1026.2 (a)(3): (i) Application means the submission of a consumer's financial information for the purposes of
obtaining an
extension of credit.
With respect to
loan brokers offering to arrange for or
obtain extensions of credit for consumers, or provide advice or assistance to arrange for or
obtain extensions of credit, «completion of services offered» means procurement of credit under the terms agreed to by the parties.
(viii) Any person selling personal, family, or household goods to a consumer who, in connection with the seller's sale of its goods to the consumer, assists the consumer in
obtaining a
loan or
extension of credit or extends credit to the consumer.
(4) Requesting or receiving payment of any fee or consideration in advance of
obtaining a
loan or other
extension of credit when the telemarketing company has guaranteed or represented a high likelihood of success in
obtaining or arranging a
loan or other
extension of credit for a person;
Rather, CSOs offer to
obtain loans or
extensions of credit for consumers who have experienced credit problems, or to correct or improve such consumers» credit records.