Sentences with phrase «for loan losses involves»

Not exact matches

Loan or Lease Gap Insurance: If your vehicle is involved in a total loss, this optional coverage pays for the difference between the actual cash value of your car and the unpaid portion of your loan or leLoan or Lease Gap Insurance: If your vehicle is involved in a total loss, this optional coverage pays for the difference between the actual cash value of your car and the unpaid portion of your loan or leloan or lease.

By adding gap coverage to your collision coverage, you will not be responsible for the balance of a loan due if your vehicle is involved in a total - loss accident.

Loan or Lease Gap Insurance: If your vehicle is involved in a total loss, this optional coverage pays for the difference between the actual cash value of your car and the unpaid portion of your loan or leLoan or Lease Gap Insurance: If your vehicle is involved in a total loss, this optional coverage pays for the difference between the actual cash value of your car and the unpaid portion of your loan or leloan or lease.

Larger loans are riskier than smaller ones, for the simple fact that there is more money involved and therefore a higher potential for loss.

@Mike - Even though my companies funds are also involved in the transaction the % ownership is divided up so each contributer to the loan is responsible for their % profit / loss / contribution / etc..