In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed.
The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and the date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower.
The interest provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice, any material object might be lent.
Acting as a provider of loans is one of the main activities of financial institutions such as banks and credit card companies. For other institutions, issuing of debt contracts such as bonds is a typical source of funding.
Actually simple business lang naman ang lending may win at loss din pero sa experience ko win naman lagi. May loss ako ngayun pero balik naman yung capital kasi may garantor yun. Yung strat ko kasi strict talaga ako hindi ako nag papautang sa walang buwanan. Mas maganda if mag pautang sa...
My lending app experience
TALA
1st loan pwede kana makaloan ng 2000
This my favorite lending apps kasi kung ilan days kalang naghiram sya lang babayaran mong interest.
0.5% lang interest nya per day.
Nagloan ako ng 1k April 5 tapos nagbayad ako noong April 10 binayad ko lang 1025 so 25pesos...
Base on my experience sa lending apps na ito moca moca
MOCA MOCA
REQUIREMENTS:
Government ID
Acess your Contact
Selfie
Full Address
1 Character Reference
1st loan 2k
Payable daw ng 180days or 6months
Pero ang totoo 7days kailangan munang bayaran kapag hindi ka nakapag bayad yung interest...
Guys base on my experience sa mga lending apps(SHOPEE AND SLOAN)
SPAYLATER:
1st loan pwede ka mangutang ng any items sa shopee worth of 5000 pwedeng tumaas credit limit mo basta nakabayad ka always on time. you must achieve a silver medal bago magamit ito. Dapat naka 25 purchase kana sa...
Pasuggest naman po ng magandang thesis para sa company na naisip ko.
Meron po kasi akong alam na unregistered Lending Business na ang ginagamit nya para patakbuhin yung business nya ay manual lahat. Manual yung computation, manual yung paglilista ng uutang.
Gusto ko syang gawan ng system para...
I cant believe i fell into the trap of these online lending apps recently. For someone like me who always reads everything before clicking on anything, this one i really made a big mistake. Early December a friend recommended a lending app when i was in dire need of financial assistance for a...
Mga Ka-phc, baka po sakali may pwede makatulong sakin. Kahit advise po na pwede makatulong sa akin ay ipagpapasalamat ko po ng malaki.
Ganito po kasi yon. May microfinance business kasi ako hindi nmn ito malaki at maliliit na mga entrep lang nmn ang kumukuha sa akin. Sadly nabasa ko na nasa...
May alam po ba kayong pwede ko hiraman ng pera na kahit NBI clearance lang pwede ko i-submit first time ko palang kasi magkatrabaho kaya wala ako maipakita na payslip. wala po kong kaibigan para hiraman di ko ren kasundo pamilya ko XD
This Loan App fo android lets you loan REAL CASH in real life. Curious lang ako because I've got 3 android phones, first time I tried it one 1 phone automatic decline si TALA. On the second phone(1 month old phone but on registration I declared it was 2-3years) I was a bit cautious so I made...