Small loan definition

Small loan means a loan of less than five thousand dollars ($5,000), not secured

Small loan means a loan of up to the maximum amount and for

Small loan means a loan of up to the maximum amount and for a period of time up to the maximum term specified in RCW 31.45.073.

Examples of Small loan in a sentence

• Small loan portfolio is assessed for impairment based on the ageing of overdue amounts, while individually significant placements are individually assessed for impairement, as it was earlier described in Note 3 g) v).After calculating the required impairment, the Bank allocates placements to risk groups depending on the level of the calculated loss (in accordance with the CNB Regulations).

• Small loan companies are permitted to make loans not exceeding an aggregate principal amount of $25,000 to any obligor and for terms not exceeding 121 months.

• These catchments are also characterised by high runoff volumes (Qm) given that they are subject to high precipitation amounts and low evapotranspiration rates.

• The geographic peer comparator is all peer home mortgage loans originated in low- and moderate-income areas in the assessment area as a percentage of all peer home mortgage loans in the assessment area, where peers are all banks evaluated under the general performance standards in § 25.13.(2) Small loan to a business product line.

• Small loan scheme for poor persons in communities targeting young males (17 – 40y) engaged in logging and women that trade in non-forest wood products and live animals.

More Definitions of Small loan

Small loan means a loan of £25,000 or less.

Small loan means a loan of up to the maximum amount

Small loan means any loan of money or extension of credit, or the purchase of, or an advance of money on, a borrower's future income where the following conditions are present: (A) The amount or value is fifteen thousand dollars or less; and (B) the APR is greater than twelve per cent. For purposes of this subdivision, "future income" means any future potential source of money, and expressly includes, but is not limited to, a future pay or salary, pension or tax refund. For purposes of this section and sections 36a-556 to 36a-573, inclusive, as amended by this act, "small loan" shall not include: (i) A retail installment contract made in accordance with section 36a-772; (ii) a loan or extension of credit for agricultural, commercial, industrial or governmental use; (iii) a residential mortgage loan as defined in section 36a-485; or (iv) an open-end credit account that is accessed by a credit card issued by an exempt entity, as described in subdivision (1) of subsection (b) of section 36a-557, as amended by this act;

Small loan or "loan" means a loan of up to the maxi- mum amount and for a period of time up to the maximum term specified in RCW 31.45.073.

Small loan means a consumer loan, as defined in R.S. 9:3516(14), of three hundred fifty dollars or less, made for a term of sixty days or less.

Small loan means a closed-end loan in the amount of $10,000 or less or an open-end loan with a line of credit of $10,000 or less, and where the lender contracts for, exacts or receives, directly or indirectly, in connection with any such loan any charges, whether for interest, compensation, brokerage, endorsement fees, consideration, expense or otherwise, which in the aggregate are greater than 10 percent per annum.

Small loan means a loan of up to the maximum amount and for a period of time up to the maximum term specified in RCW 31.45.073. "Small loan" includes an advance of money or credit that is by contract to be repaid from an asset the payee owns or from income or a payment that the payee expects to receive, whether earned or to be earned, and whether or not the payee is made personally liable for repayment or the transaction carries required charges or payments.