Which bank lends without collateral ?

1 Answer

Answer :

Grameen Bank gives loan without collateral

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Description : An independent audit aids in the communication of economic data because the audit a. Lends credibility to the financial statements. b. Confirms the accuracy of management's financial representation. ... . d. Assures the readers of financial statements that any fraudulent activity has been corrected

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Description : What do countries use as collateral when borrowing money?

Last Answer : Our credit rating and our reputation is really the collateral. The US borrows money by issuing debt. This means the Government sells Treasury securites like T-bills, notes, bonds et al to other agencies ... interest on these debts and must pay the value when the security is cashed in by the buyer.

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Description : Explain the terms 'collateral' and 'terms of credit'. -SST 10th

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Description : Why does the formal or informal sector ask for a collateral? -SST 10th

Last Answer : . Every loan agreement specifies an interest rate which the borrower must pay to the lender along with the repayment of the principal. . In addition, lenders may demand a collateral or an asset ... and the mode of repayment are the terms of credit required for formal or informal sectors for loans.

Description : What is collateral ? -SST 10th

Last Answer : Collateral is an asset which is a property of a borrower of loan such as - land, building, livestock, deposits with bank etc. The borrower uses this 'asset' as a guarantee to the lender (the one who gives money) until the loan is repaid by the borrower.

Description : What is collateral ? Why do lenders ask for collateral while lending ? Explain. -SST 10th

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Last Answer : Collateral is a guarantee to the bank so that if the borrower fails to repay the loan, the bank can sell the collateral and obtain the amount.

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Description : Give some common examples of collateral used for borrowing. -SST 10th

Last Answer : Property such as land titles, deposits with banks, livestock are some common examples of collateral used for borrowing.

Description : Why do lenders ask for collateral while lending ? -SST 10th

Last Answer : Lenders ask for collateral as security against loans. If the borrower fails to repay the loan, the lender has the right to sell the asset-or collateral to recover the payment. Collateral assets ... defaults on repayment of loan. It is for this reason that lenders ask for collateral while lending.

Description : Difference between collateral and bicollateral vascular bundle. -Biology

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Description : Is it possible to open a diner with no collateral?

Last Answer : Only banks who offer business loans can answer this or try getting a small business loan through the government. I do not believe they require collateral.

Description : Why do lenders ask for collateral while lending?

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Description : Lateral collateral ligament (LCL) injury?

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Description : If I default on my personal loan agreement, can they repossess my collateral?

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Description : Can I use my car's title as collateral for a car equity loan?

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Description : According to this lesson, what term is the way for commanders to adhere to LoW by weighing risk of collateral damage against military necessity and proportionality within the framework of the military decision-making process?

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