Personal Finance Questions and Answers

When applying for a loan, is it righteous to apply near two those or is it even possible?

What will the benefits be if I apply for a loan with someone. They hold good credit. Are near any risks? I fully trust this person, too.


Answers: Actually if you are using the saloon and the other person is in recent times as guarantor or co-applicant then he or she have more risk than you do. When you defaulted they will enjoy to bear the condition of paying for the loan.

You could do this for the benefit of getting a higher loan merit.
Yes two people can apply for like peas in a pod loan. But if this person is not your spouse, I would not recommend it. If by arbitrary they default or start making belatedly payments then it will hurt your credit also and they can come to you for the payments. If their credit is as flawless as you say later they should be able to receive it on their own. I say never co-sign on a loan unless they are your spouse. I wouldn't even do it near family member. To many times it cause a conflict later on.

If I put 1 million pounds into a high interest bank account then how much interest will I earn in one year?




Answers: depends on how much the rate of interest is == lets say it is a flat 10% than you would earn 100000 pounds!!
you thinking like 7% interest?

I = PRT

I being interest, P being the prinicpal, T being the time

1 million pounds X 7% X 1 year

1000000 X .7 X 1 = interest

you do the math

On blubet when you are within debt and you own borrowed alot of money how do you repay that spinal column..?

i go on blubet and enjoy borrowed 120,000
how can i pay that


Answers: you in recent times have to find a chore that pays a lot of money!!

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