Sentences with phrase «money someone are lent»

An appraisal provides the lender with an assurance that the property will sell for at least the amount of money it is lending.
In addition to the widely quoted Deuteronomy 15 passage, the Book of Exodus addresses the common practice of charging interest when money is lent:
It can clearly be described in this manner: money being lent by people without a financial middleman to other people in need of loans.
If money is lent into existence with interest then you will always have people in debt and under control.
Right now it is the private banks that decide where money is lent in our economy.
In layman's terms, these proverbial smartest guys in the room basically bet that the real estate bubble would burst, because of the easy money being lent unqualified borrowers via subprime mortgages.
Additional info that might help: So when we created the LLC money was lent to that LLC from me and my son in order to purchase the real estate.
While credit does play a role, private money is lent to you based primarily on the viability of your project.
Revolving credit is something where a specific amount of money is lent to a borrow and you may re-use it, only when you pay it back.
According to the IRS, when money is lent to a partnership or a corporation that acts as a pass - through entity by the entity's owner, the income earned as interest on that loan to the portfolio income is classified as passive income.
If you have a high credit score, you are more likely to repay any money you are lent.
Loan providers charge you for the money they are lending using either fixed or variable interest rates.
The catch is that, to protect the credit union or lender from risk, you don't get access to the money they're lending to you until you fully pay off the loan.
Your loan application could be guaranteed because they need only a few standard things for approval, and of course an ability to repay the money you be lent.
It's their money they are lending for mortgage transactions.
The money is lent to card users without any collateral against it and it is up to consumers to pay back the account balance later and if not, the card issuer loses (well, they will go after you but there is no guarantee they get their money back).
Can I just vaguely write off this number, assuming the money was lent as cash, hand -...
Interest is also dependent on the period of time for which the money is lent.
For those reasons, the banks tightened the grip on the amount of money they were lending and raised the standards for those looking to qualify for a loan.
The scheme's money is lent out (as mortgage loans) to a range of borrowers who use the money to buy property, develop properties or refinance existing loans.
Money is lent to borrowers by private institutions like banks, credit unions and state agencies.
The difference between the rates at which money is deposited in a financial institution and the higher rates at which the money is lent out.
Having a good credit rating convinces banks that the money they are lending will be paid back in full and on time and the borrower will have more chances of getting approved for a loan.
After all, when you're putting your business on the line — whether in the form of money being lent or the reputation being conveyed by an employee — you want as much information as possible at your disposal before making a decision.
When money is lent, a Note Payable is often required.
Banks want to see a financial track record for your business that proves that you'll be able to repay the money they're lending, according to Bloomberg Businessweek.
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