Credit or loan what is the difference
Posted: Wed Jan 22, 2025 10:36 am
Is confirmed by a receipt. this is interesting Experts explain the difference between these two concepts, as well as when it is more profitable to take what and where to apply for it. Read more Then ask the borrower to write a receipt for the money. The agreement can also be certified by a notary. Another key point the terms of debt repayment. If you did not specify them in the contract, then according to law , days are given for repayment from the moment of the demand. Specify the terms.
There is a profession a private investor. When a person professionally earns on interest, lending money. And there is nothing shameful in this market relations. And you, lending a sum, have the right to specify the terms of philippines telegram mobile phone number list use of money. First of all, the interest rate. But even if you did not specify it, the interest rate by default is equal to the key rate of the Central Bank. You can see the current one on the Central Bank website . But remember loans up to , rubles, if the interest rate is not specified in the.
Agreement, are considered interestfree . On the other hand, if the case goes to court, and your agreement specifies interest for using the money, the judge may rule to collect a smaller amount from the borrower. What if the lender indicates that he issued a loan at per annum? The borrower, having signed the agreement, has essentially agreed. But in order to resolve the dispute, the court has the right to reduce the amount of the debt. The terms of use also include debt repayment. Specify how the borrower will repay the money in one lump sum on.
There is a profession a private investor. When a person professionally earns on interest, lending money. And there is nothing shameful in this market relations. And you, lending a sum, have the right to specify the terms of philippines telegram mobile phone number list use of money. First of all, the interest rate. But even if you did not specify it, the interest rate by default is equal to the key rate of the Central Bank. You can see the current one on the Central Bank website . But remember loans up to , rubles, if the interest rate is not specified in the.
Agreement, are considered interestfree . On the other hand, if the case goes to court, and your agreement specifies interest for using the money, the judge may rule to collect a smaller amount from the borrower. What if the lender indicates that he issued a loan at per annum? The borrower, having signed the agreement, has essentially agreed. But in order to resolve the dispute, the court has the right to reduce the amount of the debt. The terms of use also include debt repayment. Specify how the borrower will repay the money in one lump sum on.