Something about Money Lender
Money lender has the obligation to provide a loan and if he fails to borrow at the agreed date and amount which resulting in the loss of the borrower so he shall compensate for the loss. What is more, he has the right to check and supervise the usage of the loan.If the borrower by the absence of an agreement for using the loan, the lender may stop issuing the loan and withdraw the loan or cancel the contract in advance.
Money lender's information rights refer to the lenders have the right to require the borrower to provide information related to the loan. Its main body is the money lender,
usually for banks. And the object is the borrower (sometimes including the guarantor), Is the behavior of borrowers provides information related to borrowing and its content is
borrowers require the borrower to provide information about the rights of borrowing.
Money lender is a kind of essential part of human rights, relative power and claim right, which is also a significant rights to ensure the realization of creditor's rights. The lender shall have the knowledge about the borrower information content mainly includes two types. One is loan contracts signed before the borrower such as the previous credit, debt, operational ability and development prospect of information. Another kind of it is the use of loans after the mortgage borrowers, balance sheets, solvency, etc.
Many people are still having a confusion about the money lender, even think they won't go to borrow money for their whole life. However, no one can guarantee its finances won't appear some bad problems. And when problems occur, your family and friends cannot lend you a lot of money in a short time. So, in order to work around this situation, you can go to know about the information about the money lender. If you want to get effective information, you can browse the site: http://imoneylender.sg/.