Day: October 18, 2021

SECURITY FOR PERSONAL LENDING AND PERSONAL BORROWERS IN DIFFICULTIES Bank Security Security is a cover taken by a lender to cushion the institution from complete nonrecovery of a borrowing should the promised source of repayment fail to materialize of does Read More …

BRIDGE OVER LOANS Introduction Abridging loan is an advance given to a borrower for the purpose of completing a particular purchase with the source of repayment coming from the sale of another property in the near future. There are two Read More …

PRINCIPLES OF LENDING Philosophy of Lending A lender “lends” money and does not give it away, he/she applies judgment that at some future date repayment will take place. The lender needs to look into the future and ask the question Read More …