A loan commitment is an agreement to provide a loan up to a certan dollar amount if a customer requests the loan during a specific time period.
举一反三
- Finishing the loan approval procedure means the applicant can get the bank authorities’ agreement to provide the loan、
- Loans that the borrower to pay interest each period and to repay the entire principal (the original loan amount) at some point in the future are called ____________.
- Western Bank offers you a $21,000, 9-year term loan at 8 percent annual interest. What is the amount of your annual loan payment?
- is also called bridge loan. ( ). A: Short-term loan B: Amortization loan C: Credit card D: Non-installment loan
- Explain the features of forward loan, and the conditionsunder which a forward loan arise.