Sentences with phrase «business of lending money»

Canada Drives isn't in the business of lending any money itself.

If you are in the business of lending money, what you want to know about a potential borrower boils down to a simple question: will this person pay me back?

On page 786 it mentions that there are three safe harbors under which organizations will be considered not to have a significant trade or business of lending money.

The November 2004 IRS bulletin gives the final review of 6050P and explains the requirements for discharges of indebtedness by organizations that have a significant trade or business of lending money.

The final regulations in the 2004 bulletin clarifies that a debt obligation acquired from the debtor or any person other than the debtor is subject to reporting under section 6050P (c)(2)(D) if the owner of the obligation (debt buyer) is engaged in a significant trade or business of lending money.

Unless you are in the business of lending money to others, most of you might not think there is such a thing as a best interest of creditors, even when it comes to bankruptcy.

Lenders are in the business of lending money and minimize their exposure to risk.

Lenders that are currently in the business of lending money to consumers with credit issues depend largely on the relationships that they develop with auto dealerships.

Brokers tend to have no overhead fees and are strictly in the business of lending money to cover mortgages, allowing them to deliver better deals to their clients.

They are in the business of lending money and expect to get back all of what you charge, and then some, when you add in interest and fees.

They are in the business of lending money, not managing and selling real estate.

Particularly at times like these when banks seem to be forgetting that they are in the business of lending money, the real estate investor has to be open to other possibilities.

As the old saying goes, banks are in the business of lending money to people who can prove they don't need it.

(a) carries on a business of lending money secured in whole or in part by mortgages, whether the money is the mortgage broker's own or that of another person;

They are in the business of lending money, not managing and selling real estate.

I know Georgia in general has some rules about the number of notes you can purchase or seller finance contracts you can create per year without a lenders license, you do have to fill out a TiLA for the borrower when you purchase their note and show that you are not in the business of lending money or else you have to provide a license number.

Banks are in the business of lending money, and not in property management.