We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Agreed in principle
Comments
-
Usually, when this phrase is uttered, it is accompanied by a list of conditiosn that must be fulfilled for the loan to be fully accepted. Possible examples could be-
*subject to satisfactory valuation of an asset being pledged in collateral for the loan
* borrower being able to confirm they have raised the rest of the funds elsewhere for the transaction
* another funder providing funds (e.g. a grant application)
* Sunderland avoiding relegation from the Premiership (OK that was a joke ;-))))Gwlad heb iaith, gwlad heb galon0 -
known in the trade as a holding excercise until they have checked you out or get the internal authorisation in place to let you have the funds.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.6K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards