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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.
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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.
