Betekenis van:
personal loan
personal loan
Zelfstandig naamwoord
- a loan that establishes consumer credit that is granted for personal use; usually unsecured and based on the borrower's integrity and ability to pay
Synoniemen
Hyperoniemen
Hyponiemen
Voorbeeldzinnen
- The loan agreement for measure 16 does not mention any provision of a personal guarantee, but refers to a Federal Government guarantee.
- Rather, according to the Commission’s information, the loan was secured by a Federal Government guarantee and not by a personal guarantee.
- The guarantee agreement provided that a subsidiary guarantee amounting to DEM 0,7 million should be given by Mr G. Raithel, unless it could be proved that he had given a personal guarantee for the equity loan (measure 16).
- Credit for consumption granted to sole proprietors/unincorporated partnerships is comprised in this category, if the reporting MFI knows that the loan is predominantly used for personal consumption purposes
- The loan agreement for measure 16 does not mention any provision of a personal guarantee, but refers to a Federal Government guarantee. The Commission was never informed that such a DEM 0,7 million guarantee was ever given.
- credit for consumption (loans granted for the purpose of mainly personal use in the consumption of goods and services). Credit for consumption granted to sole proprietors/unincorporated partnerships is comprised in this category, if the reporting MFI knows that the loan is predominantly used for personal consumption purposes
- Article 5(3) provides that credit subsidies on loans contracted for the sole purpose of debt consolidation remain valid even where the integrated project fails to be carried out or is carried out only in part, provided that the person who took out the loan submits a personal investment project, to be undertaken using some of the loan.
- Article 5(3) provides that credit subsidies on loans contracted under the above Law for the sole purpose of debt consolidation remain valid even where the integrated project fails to be carried out or is carried out only in part, provided that the person who took out the loan submits a personal investment project to be undertaken using some of the loan.
- With such a risk level, a bank would never have considered granting a loan, even though the use of real securities (such as pledging the purchase options or the fuel stocks acquired by the FPAP as collateral) or personal securities (taking out a mortgage on the members’ personal assets and pledging their vessels as collateral) is in fact one of the methods used by banks to minimise the risk of insolvency.
- Furthermore, the Italian authorities underlined that Article 5(3) of Law No 290/99 (which stipulates that credit subsidies on loans contracted under Law No 67/88 for the sole purpose of debt consolidation remain valid even where the integrated project fails to be carried out or is carried out only in part, provided that the person who took out the loan submits a personal investment project, to be undertaken using part of the loan) had never been applied.
- Article 5(3) provides that credit subsidies on loans contracted under the above Law for the sole purpose of debt consolidation remain valid even where the integrated project fails to be carried out or is carried out only in part, provided that the person who took out the loan submits a personal investment project to be undertaken using some of the loan. (82) The credit subsidies referred to in Article 5 of Law No 290/99, which were the subject of the Commission's initial assessment, are provided for in Law No 67/88.