Deal All,
I need some help. About this sentence:
In my understanding, the bank will provide a consumer loan and will paid down payment for a thing that the debtor wants to buy. The amount of the certain cost (and also the entire loan) will depend on the property/collateral valuation obtained by the bank. Is that correct?
By the way, this is a one paragraph only (a translation test), thus previous and further information for this sentence are unavailable.
Thank you very much,
Em
I need some help. About this sentence:
"For new loan, the bank will advance certain cost on your behalf, including the first properties/collateral valuation obtained."
In my understanding, the bank will provide a consumer loan and will paid down payment for a thing that the debtor wants to buy. The amount of the certain cost (and also the entire loan) will depend on the property/collateral valuation obtained by the bank. Is that correct?
By the way, this is a one paragraph only (a translation test), thus previous and further information for this sentence are unavailable.
Thank you very much,
Em