Briefly About Loans & Mortgages
Commodity loan form involves the transfer of a temporary use specific things, certain generic characteristics. This form historically existed before the advent of monetary relations. Very often potential borrowers are lured by the fact that promise to provide consumer loans or cash loans within 15 minutes at the time of treatment, and from the potential borrower in obtaining such loans will not need to provide any documents other than passports. It is possible that all debts on the loan that go along with the inheritance, can not be charged for the prescription period. To accept the inheritance is given a fixed term – 6 months. When it comes to the apartment bought on a mortgage, the heirs to repay the loan jointly, in proportion to the share they received. However, in fairness it should be noted the fact that people are having and older age, are not always able to boast of prudence. But when the inheritance is passive part sometimes plays the most active role. For example, a borrower wants to take a Bank of 100 thousand rubles. It is possible that all debts on the loan that go along with the inheritance, can not be charged for the prescription period. Also during these six months, you can not just abandon the inheritance, but also to transfer the right of inheritance to a third party. However, among creditman are present and those citizens who have seen the Soviet power, with its queues, coupons and deficiencies of essential household goods. As a result, the client might get the feeling that he cheated, but it will not be so. The Bank, in which you arrange a loan initially, you will not be able to prevent it, so as to extinguish the credit ahead of schedule is not prohibited. The Bank, in which you arrange a loan initially, you will not be able to prevent it, so as to extinguish the credit ahead of schedule is not prohibited.
Cash loan form involves the transfer for temporary use of a specified amount of money. This form of credit is actively used by all subjects of economic relations (government, enterprises, individuals) within the country and foreign economic turnover. Cash loan no equivalent commodity-money exchange, and is the transmission cost for temporary use on condition of repayment over time and, as a rule, the payment of interest for the use of her.
Cash is the predominant form in modern conditions of economy. Base this can be a violation of one of the parties to the contract. Again, this is entirely the fault of the client, so with such a claim in court you can not even walk, he'll stand on the side of the Bank. Also do not forget about such a delicate moment, as the Statute of limitations.
- Commodity loan
- Cash loan
- Mixed form of a loan
Credit plays an important role in the regulation of the magnitude of the funds required for the Commission of economic activity. Thanks to the loan enterprises have at any time such amount of cash that is required for normal operation.