Loan used in a sentence

Loan in a sentence as a noun

But the FHA has stated it won't make the loans, so the scheme is D-E-A-D dead.

And now I have to loan them money for two months AND not have a Laptop!

Zidisha service fee: This is a flat 5% of the loan amount per year the loan is held.

And buying someone's loan and tearing it up counts as a gift, and you have to pay tax on it.

When you go to the bank and ask for a loan they don't convince you to take $5MM more than you asked for.

They would actually go and buy entire loan databases and pay off the money people owed.

Most Zidisha loans are held for less than a year, so it is usually less than 5% of the loan amount.

Quite frankly, if you couldn't afford the loan, chances were that you wouldn't be able to get it at BofA.

This is because bank loans have become a commodity and they need your business as much as you need their money.

The usual meaning of that term: A bank will loan out deposits, reserving a fraction for withdrawals.

20 years ago the idea that you couldn't lend a book you own to your friend or loan them the new album you just bought would have seemed insane.

You imply that Zidisha does not in fact lower the cost of microloans in developing countries.

If the government had not provided that subsidy, I would not have taken a loan to the tune of $1000/year because that would have been too risky.

The kicker on the income-based payment plan is that if you make payments for 25 years, the loans go away, regardless of the amount you've payed on them.

The major point is: To my knowledge, Gox wasn't trying to make loans with money that deposited with them, which is what a fractional reserve business is.

The investor loans funds to the company and the company signs a note promising to repay the principal with interest.

Loan in a sentence as a verb

First thing you need to do is contact your loan servicer immediately and work with them about your potential default situation.

Much better to loan a middle class American $8k out of a credit card limit of $20k at 12% with a 3% loss rate then to loan a poor person $100 with $110 due a week later.

The scheme, at its core, is for some bankers to use hedge fund money to grab assets from pension funds, then refinance it using super-cheap loans from the FHA to turn a quick buck.

The reason why Tesla is able to pay the Dept of Energy loan early is because of a secondary stock and bonds offering worth about >850+ million.

However, a key point is that the bank holds collateral against the loan, and that collateral has a fair-market value, so the balance sheet is still positive.

Using a collection of randomly selected loans as a proxy for average cost to Zidisha borrowers is misleading.

For extra clarity, we provide extensive explanation of APR vs. flat rates, and display the exact dollar amounts borrowers pay for each loan in the loan profile pages.

Interest offered to lenders: We allow borrowers to offer any interest rate they choose to lenders, from 0% up to a maximum of 25% of the value of the loan per year the loan is held.

So, for instance, an investor would loan $50K at 10% interest at a time when the company had little value but could elect to convert at, say, $.50/sh at any time in the sole discretion of the investor.

And they have already stated that they think this is the worst idea since forever, and they will take whatever steps necessary to shut it down, including just not making any more loans for houses in the region.

First-time Zidisha loans are overrepresented in this measure, because they are smaller and repaid more quickly, and are therefore more numerous than the larger subsequent loans taken by established borrowers.

Risk management slowly started relenting when they started seeing the profits of its major competitors--and they toyed with the idea of providing subprime loans--but it never really got off the ground before the Financial Crisis.

On the other hand, you don't really get what you pay for in the US either since the universities have become so good at sucking up more and more student loan money without really improving on their core mission of providing higher education.

Random idea: If a creditor is about to sell your debt to a debt collector for pennies on the dollar, what if they were forced, by law, to give you right of first refusal?For example: I owe a credit card company $20k, but I have defaulted on the loan.

The convertible note supplanted an earlier form of convertible note used many years back by which individual investors would see startups as being much akin to small businesses and would loan the money to the venture with the primary aim of making a good interest return on their investment.