Mortgage provider, credit coalition, building society and guard lend a hand?? Commerce
Could someone please explain to me what there differences are? and maybe endow with an example
thanks
Answers:
Some of these kind of meld together
mortgage provider - the place you go to for the borrowed money for the purchased asset
credit union - these operate a tad differently than banks..they are funded and run by the member (account holders)
building society - a group that oversees and manages a historical building
bank - moderately generic, but generally a financial institution that accepts deposits and lend money.
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thanks
Answers:
Some of these kind of meld together
mortgage provider - the place you go to for the borrowed money for the purchased asset
credit union - these operate a tad differently than banks..they are funded and run by the member (account holders)
building society - a group that oversees and manages a historical building
bank - moderately generic, but generally a financial institution that accepts deposits and lend money.
Related Questions:
Pay her Credit Cards or her Mortgage?
I recently became the financial caretaker (no power of attorney.. I freshly pay the bills) for a family associate who is disabled and whose longtime boyfriend recently died. No insurance money but she did get a nice mobile home. Here's the ethical and $ breakdown. $1100/...