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What is an agreement between a consumer and lender to borrow money and pay it back in increments called?

loan


How did people communicate in the 18th century?

Although the telephone Alexander Bell invented had been around for a few years at the turn of the century, it was not yet in widespread use. Most people still used regular old "snail mail" -- the postal system -- to communicate. Other options were the telegraph and, within cities, delivery boys.


Why did people fall into debt in ww1?

During World War I, many people fell into debt due to the rising costs of living, as inflation surged while wages stagnated or failed to keep pace. Additionally, soldiers and their families faced financial strain, leading to increased reliance on loans and credit. The wartime economy disrupted traditional employment and led to shortages of goods, forcing individuals to borrow money to maintain their livelihoods. Moreover, government borrowing to finance the war effort also contributed to broader economic instability, exacerbating personal debt issues.


What is lend lease policy?

Lend-Lease, officially known as "An Act Further to Promote the Defense of the United States," was a controversial program enacted in March, 1941, while the United States was officially neutral in the wars that coalesced into the Second World War.President Franklin Roosevelt very much wanted to help Britain in its war with Nazi Germany and Italy, but because the U.S. was neutral and many anti-war groups wanted America to stay that way, he had to sell the program to Congress and the American people.So he came up with a simple explanation. He likened Lend-Lease to one neighbor asking another to borrow a garden hose to put out a fire in his home before his own house caught fire and burned down.The law gave Roosevelt the authority to aid the Allies with arms, planes, food and other necessities to conduct the war. Initially, Britain was the main beneficiary but other nations quickly followed, including the Soviet Union, China, France and Brazil. The total amount of aid amounted to $50 billion. -- Gjampol


Why did power cause the English Civil War?

Because Power Was Very Important In Them Days, And This Was Between Charles 1 and Parliament I Suspect, They Both Wanted Power, Charles 1 Wanted It Because He Believed In 'Divine Right' And Parliament Wanted It Because They Didn't Like The Way Charles 1 Ran The Country, So It Was A Big Part Because They Both Went To Extremes To Get The Power.

Related Questions

Which two technological or cultural advancements did the Assyrians borrow from the Hittites?

mn,nmn,,n


What is the definition of a cash advance on a credit card?

A cash advance is when you borrow cash against your credit card. When you borrow cash you will usually pay a much higher interest rate than you would for purchases.


What cultural items did Americans borrow from China?

Chinese food 😏


Whose written language did the Japanese borrow?

The japanese first borrowed from the Chinese. Then they simplified the chinese characters into the 50 'kanas'


What is the maximum amount of cash loan that I can borrow in advance?

At most cash advance loan places, the most a person can borrow at all is $500, but they will look at the person's bank statement and based on their wages, they will decide on a person to person basis what their loan max should be.


What did prince shotoku borrow from china?

He borrowed the Chinese calendar, religion, and a system of writing.


What does cash advance fee refer to?

Cash Advance is an option that cardholders have which they can use to borrow real currency, such as dollars or euros, rather than using their current balances.


Is Chinese and Japanese language same?

Chinese has different sounds, lettering, and meanings to their writings. Japanese is the same way but Japanese do borrow the Chinese lettering from the Chinese and but the Japanese do have their own pronunciation for it. They are still different languages.


How can I borrow against my inheritance to access funds now?

To borrow against your inheritance, you can consider taking out a loan using your inheritance as collateral or seeking a specialized inheritance advance from a financial institution. Be sure to carefully review the terms and conditions of any loan or advance to understand the potential risks and costs involved.


How much interest is paid to cash advance lenders?

Cash advance lenders charge outrageous interest rates to borrowers, ranging anywhere from thirty percent to three-hundred percent. This is why it is advised never to borrow from a cash advance lender.


Can executor borrow money from the estate if they are the sole beneficiary?

Yes. I don't think 'borrow' is the right word, however, as the sole beneficiary will be entitled to the entire estate. An 'advance' would more likely be the correct term.


Whats the maximum amount you can borrow for payday loan yes?

"Depending on local legislations, company allowances, and your own income, the amount you can borrow varies. Fees and policies vary between cash advance companies as well."