0
Virtually any bank will loan $100,000 provided you offer a plausible reason for needing it,
such as a promising and realistic business case.
The bank may also require collateral worth some significant portion of the hundred grand.
It has been observed by more than one wag that a bank will only lend you money
if you can prove that you don't need it.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Get a loan in 24 hours or less?
Some banks in the UK promise rapid decisions on loans. Don't forget that you have to pay off the loan, so banks will ask questions about your income, residence, etc.
What is the ratio of interest on loan from banks?
It depends, among other factors, onthe country and expectations about inflation,the degree of competition between banks,the borrowers' creditworthiness.
What interest rate would you be charged if you have borrowed r100000?
The answer will depend onwho you borrowed it from (a loan shark could well charge more than several hundred times what a reputable lender would charge),how long the loan was for,what the loan was for,what the expected return on your loan was,your credit rating or how risky the lender considered you,what securities you could put up - in case you did default on the loan,what the inflation rate was - now and over the term of the loan,the "normal" loan size for the lender.
What is the monthly interest payment on 10000 dollar loan for 3 years at 5 percent interest per month?
Assuming that the loan principal is paid off in equal installments AND the monthly payment is to be kept the same, the average simple interest paid per month for the loan may be computed as follows: $10,000 principal balance at time 0 months $0 principal balance at time 36 months ($10,000 + $0) / 2 = $5,000 average balance $5,000 is average balance throughout the period of the loan $5,000 x 5% per month = approximately $250 per month. However, the amount of REAL interest is different throughout the life of the loan.
What is the term of a loan with a principle of 15300 dollars a rate of 3.5 percent and a simple interest of 2142 dollars?
If the 3.5 percent is per year, with simple interest you have the equation: 2142 = 15300*0.035*t ; then solve for t = 4, so 4 years.
Where do you get a one hundred thousand dollar loan?
One hundred thousand dollars is a lot of money. I'm not sure you can get a 100,000 loan anywhere. My suggestion is to maybe go on a game show or something. Cheers!
What is the average cost of a title loan?
The cost of a title loan will be whatever the difference is that you need on your car. You will qualify for a specified amount depending on how good your credit is. Title loans can be as little as a few hundred dollars to as big as several hundred thousand dollars.
What exactly does small loans mean?
A small loan is an amount that can be anywhere from a few hundred dollars to a few thousand dollars. These loans can range from personal to business loans.
How much of your money does the bank actually hold?
I believe that banks are only required to have on hand ten percent of what they loan out. In other words; if a bank loans one hundred dollars it only has to own ten dollars.
Who can you borrow four hundred dollars from?
Cash loan places
How much is the loan proceeds for a discount loan of one thousand dollars at 3.5 percent for 230 days?
977.95
Can you stop hearing loss?
you can but the surgery costs about six hundred thousand pounds and you don't get a loan.
What is the monthly payment for a seven year loan of 25 thousand dollars at 4 percent annually?
$465.97
Can a 17 year old get a car loan for 5000 dollars with out a co-signer?
A 17 year old will not be able to get a car loan for $5,000 dollars without a co-signer. Most banks will not give a 17 year old a loan even with a co-signer.
How much is your credit worth to a business partner that cant get a loan by himself?
six hundred thousand pesos (P 600,000.00)
Where can I find a cash loan lender even if I have bad credit?
If you need a few hundred dollars you can get a payday loan. There are several cash advance establishments that you can go to and get the loan, even with bad credit.
What is the French translation of the English phrase 'one hundred dollars'?
Cent dollars is a French equivalent of the phrase "one hundred dollars" in English.Specifically, the number cent is "100" in English. The masculine noun dollars is an English loan word. The pronunciation will be "saw doh-lahr" in French.
