Архив для the ‘Loans’ Разделы
The system of Western Union transfers
Posted on Sep 12, 2000 08:15:27 AM
This cash transfer system is the American system, since 1871 it dealt with money transfers, using modern means of communication and information processing. Used by the latest technology allows to transfer money to any distance in minutes. Each transfer is protected by a reliable world class security system that guarantees that money will be paid only to the specified person.
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Pawnshop – fast way to get money
Posted on Sep 11, 2000 08:15:27 AM
Obtaining bank loans due to the need to design a large number of certificates and other documents and the terms of the application for a loan can stretch out for weeks! In addition, even after collecting all the information can be denied access to credit.
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Forms of credit
Posted on Sep 10, 2000 08:15:27 AM
All loans are classified according ¬ STI from someone who is a creditor, and which provided the loan. Distinguish five forms of credit.
Commercial credit. This is the earliest form of the loan. It is based on the now-deferred seller payment of goods and provision of business-customer bills as a debt obligation to pay the cost of goods purchased after a certain period of time.
For commercial loan are two types of bills.
1. Promissory note – contains the obligation of the borrower to pay a specific amount directly to the lender.
2. A bill of exchange (draft) – contains a written order to the lender to the borrower to pay a fixed sum to a third person or to bearer instrument.
In the Russian practice of using three types of commercial loans:
1) with a fixed maturity date;
2) returning after the actual implementation of the received goods on credit;
3) on an open account – secondary supply of goods under a commercial loan made only after repayment of the previous delivery. Bank loan. This is the most common form of credit in Russia. Creditor is usually the bank and the borrower – legal entity. Confirmation of the credit transaction is a loan agreement. Income of the bank loan interest is paid by loan ¬ schikom. Credit is usually given in cash.
Consumer credit. Acts then ¬ Varna or cash at the target lending to individuals. Lenders may make traders (retail sale of goods on credit) or credit organizations (providing cash loans to people for different purposes).
State credit. Its main feature – it’s part of the credit transaction state as a lender or borrower. Addressing the creditor, the state makes loans of regional or local authorities, the priority sectors of the economy, commercial banks and other lending institutions.
International credit. This form of credit occurred when economic relations of went beyond national borders. Participants in international credit transactions can be separate legal entities, the right ¬ governments of States, international financial and credit institutions.
Separately identifiable form of usurious loan. This credit was widespread in the past, along with commercial loans. Its members are the individuals in the provision of funds in the loan.
In most countries, usurious loan is prohibited in Russia has a limited distribution.
Documents for registration of individual loan
Posted on Sep 9, 2000 08:15:27 AM
In each commercial bank has its own requirements in order of registration of loans to individuals and the package of documents. These instructions are written by banks all the conditions of processing the loan and the list of documents for the loan, which must provide the prospective client to review the loan application.
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Loans to individuals Tips for getting
Posted on Sep 8, 2000 08:15:27 AM
Loan to individuals – one of the most common and popular forms of lending, as individuals are the main borrowers of the number of banks.
In most cases, a loan to an individual is issued without collateral and guarantors are required in rare cases.
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