Can it happen ? How to make it happen ?
3 years ago
If one person takes loan from other individual or organisation by giving some collateral security and when he got loan money amount, then , can he give that 100% loan money to third person as loan by taking third person's collateral security.
In what case, it can be done ?
In what type of loan, it can be done ?
How to make it possible ?
When is it possible ?
Plus tips please..
A.1) your questions are just imaginations .... to get loans & to forward loans is a big risk. Remember you can get a LOAN on your eligibility like IT file & collateral security etc. by pledging a property to BANK , & if you give 100% loan money to third person as loan by taking third person's collateral security is also OK........ BUT IF YOU DEFAULT TO PAY TO THE BANK THE BANK HAS RIGHTS TO SEIZE & AUCTION YOUR PROPERTY.......But, you as an INDIVIDUAL CANNOT sale the property which you have taken in collateral security.
2) Also what you want is MORE INTEREST RATE... As per I know .....SO PLEASE COME IN FOR PAID CONSULTATION as you will be earning in long terms...
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Your query is answered in detail; also you can call me back for the same.
We can help you in getting done the same & Complete Legal Documentation works.
Hope this information is useful
ADV. ANISH P (High Court)
2) Also what you want is MORE INTEREST RATE... As per I know .....SO PLEASE COME IN FOR PAID CONSULTATION as you will be earning in long terms...
If you realize my professional skills, the time & efforts put in by me needs to be truly appreciated, and then Please “CLICK MY LIKES/ THUMBS UP/GIFT” button shown below this reply format & also CLICK/ WRITE a “REVIEW” in 5 star as I have answered your query in detail. Do show me the entire set of documents & I shall be able to guide you more into this matter.
Your query is answered in detail; also you can call me back for the same.
We can help you in getting done the same & Complete Legal Documentation works.
Hope this information is useful
ADV. ANISH P (High Court)
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A.Yours question is imaginary be come to real life.
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Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.There is no bar to give loan to 3rd party
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