Credit Application And Agreement: Fill & Download for Free

In any loan application, there is the first applicant and second/third applicants. The second/third are all co-applicants. This what I know of co-applicants.A co-applicant is completely responsible for the loan in case the partner defaults, dies or otherwise refuses to participate in the partnership. The bank will pursue collection from one applicant without consideration of the partnership agreement. Technically, a co-applicant becomes a co-borrower and by being a co-borrower, he is liable for the repayment of the loan and other dues. Thus, a co-applicant becomes equally liable for repayment of the loan amount in case of non-payment by the borrower. The co-applicant will also be responsible for the repayment of the loan in case of death of the primary borrower, even if there is insurance cover to the primary borrower.In your case you are the first applicant and co-applicant, your brother is not paying. The bank expects you to pay. Whatever is the arrangement between you and your brother about co-payment is your internal matter. Bank has nothing to do with it.Car cannot be registered in joint names. So, the options before you are:If your car is registered in your name, pay up. Your brother will have no claim after the car is free of lien.If car is registered in his name, even if you pay and your brother does not, he will still have a full claim on the car.If you refuse to pay also, the bank will come after both of you for recovery.Tantalizing and mouth-watering that it may sound to have sweet revenge on your brother, not only the bank will seize your car, the credit history of both will be irrevocable damaged - at least for next 7–8 years. 99 times out of 100, your future loan applications may be rejected.So what should you do? If the car is not in your name, you can choose not to pay. This will cause serious issues. But bear the consequences. If car is in your name, pay up.Never mix finance, especially lending, between relatives and friends. It almost always spoils the relationship, unless the borrower adopts a higher road, a forgiving attitude, etc.I once lent Rs. 8000 to my cousin for a flight ticket. After a couple of months, I asked for my money. She not only did not pay, she has not been refusing to speak to me. I lent Rs. 1 lakh to my friend. He paid back Rs. 40K after a great follow up and after nearly 2 years. Now he says that he has no money to repay. Since I know this to be true (he even sold his car and a few assets), I have written off the debt. I continue my friendship.

If you mean vendors as in Credit Card companies, banks, and payment processing middlemen such as PayPal, yes. But it's unlikely to captivate and dominate the market. It is a platform for applications and peer-to-peer transactions and agreements to be built upon. The use of money is really just one part of it. Many big banks are using it as a means of sending money around the world instantly with much lower costs than the standard middleman processor. I believe a new wave of payment systems is not far off.If you mean venders as in suppliers for stores, companies, people, etc., no. Ethereum is software. It's existence is purely contingent on the existance of computers and the internet.

I was an investment banker in London in the early to mid 2000s. I have not been in investment banking for about 7.5 years and I moved away from London in 2011, so it feels a bit like a foreign land in a distant time. I was sort of an accidental investment banker. One turn in my career path led to another turn which led me to investment banking.Let's see if I can remember what one of my days was like back then.7.00am wake up, shower, get ready for work, have breakfast at home, faff around (I don't know why it took me an hour and fifteen minutes to get ready for work.)8.15am leave flat, walk to the tube station, wait for the tube train, change stations, wait for another tube train (2 or 3 would pass before I could get on. This was on the Central Line heading west into the City. It was always packed like sardines. Not fun, I don't miss it), get off at Liverpool St. Station, pick up a fruit smoothie or a rhubarb yoghurt from Pret a Manger (I miss those rhubarb yoghurts).8.45-9.00am arrive at my office.9.00am-1.oopm - do investment banker things. Just kidding. I originated commercial real estate loans for securitization. So my day was filled with a mix of talking to my borrowers over the phone (the vast majority were not based in London), agreeing loan terms, reading loan agreements, meeting with in-house and external legal counsel, writing credit applications and credit committee presentations, meeting with credit risk officers, reading property due diligence reports, meeting with colleagues that structured interest rate swaps (loans were floating rate, property income was fixed rate, so we had floating to fixed swaps structured into all of our loans), sometimes talking to compliance department (to clear know-your-client procedures) and loan administration staff (to actually move the funds from the bank to the borrower).1.00pm lunch. Typically a sandwich bought from outside the office, sometimes a salad from the internal salad bar.1.15-1.45pm eat at desk.1.45pm-7.00pm more of the above investment banker things.7.00pm-8.00pm dinner. There was a period of time when me and my colleagues ate dinner in the office almost every night. One of us would order dinner. Sometimes we'd have to go pick it up. Most of the time we would take a break, eat together, and chat. I suppose it was a way of having some semblance of a social life - social life within the office.8.00pm-11.00pm more work. Usually credit applications and reviewing loan agreements. Work that did not require contact with clients or other colleagues within the bank.11.00pm take a taxi home.11.15pm-12.00am wind down at home, watch TV.12.00am go to bed.Sometimes I would go to networking or company events in the evening. At this particular job, me and my colleagues hardly got together at the pub afterwork. We were working such long hours together that by the time we had a chance for social time, we preferred spending it with other people. Sometimes we would go the pub together on a Friday afterwork. Most people would leave the around 8pm to meet non-colleagues friends for dinner or to see their families. I feel like I must have fit an hour in somewhere in my day to go to the gym, but I don't remember when. Maybe I couldn't fit it in when I worked at this particular bank. In a previous investment banking role, me and my colleagues socialized together far more. We'd have boozy lunches and go for drinks after work that would lead to karaoke until 3am in the morning. Maybe I should have written about one of those days. Might have been more entertaining.After a few months of the above kind of schedule, I took up drumming lessons to force myself to leave the office at 6pm at least one night of the week. I used to feel guilty leaving so early.Sometimes I think of those crazy long hours as training for what I'm doing now. I now consult on the formation of alternative funds and manage an angel fund that I founded. I wrote a book and had a baby, so the days are still long, but mostly it's on my own terms.