Sentences with phrase «unsecured loan sum»

Not exact matches

It is only when large sums, like a $ 50,000 unsecured loan, is sought that the lenders tighten the assessment process.

If you are accepted for an unsecured loan from a bank, building society or other financial institution, you will usually have to pay back interest on what you have borrowed as well as the sum itself.

There is little chance of getting approval on a $ 50,000 unsecured loan when the maximum realistic sum is $ 10,000.

With loans that are unsecured, however, there is usually a strict limit to the sum consumers are entitled to, while the schedule of repayments is strictly set out to end on a specific date, with little room to maneuver.

Terms usually range anywhere from two to five years, and with an unsecured personal loan, the borrower receives a lump sum.

To average debtors who owe sums of unsecured loans to different creditors finding a good debt consolidation company can be a godsend.

This does not guarantee approval, but by extending the term to 7 years (or even 10), the repayment sum is lowered, thereby making a large unsecured loan more affordable.

While security means that fast approval with bad credit is practically guaranteed, loans that are unsecured can only expect to be approved if the loan sum is kept relatively low.

You will also be less likely to get a large sum of money with an unsecured loan.

Personal, unsecured loans let you borrow ready sums of money up to the value # 25,000 — and you don't have to be a homeowner.

After all, the larger the sum the larger the risk the lender is accepting, especially when the loan is unsecured.

When seeking an unsecured loan, the lightest increase in interest rate can mean a repayment sum too high to permit approval.

So, when applying for an unsecured loan with bad credit, the loan sum should always be a realistic amount.

The lender pays off all of your unsecured debts while gathering the combined sum into a single loan with a set interest rate.

Personal loans are «unsecured» loans that offer a lump sum payment.

Essentially, the bookkeeper and de facto office manager loaned large sums of money to the firm; when the firm went bankrupt and she became merely an unsecured creditor, she sued for negligence, breach of contract and breach of fiduciary duty.