Loan officers source and originate mortgage loans, they collect your information and your documents and submit your mortgage loan to a team of processors and underwriters, loan officers do not have the authority to approve your loan.
As for finance companies, most of the debts will have been cleared away once the Financial Sector Restructuring Authority (FRA) completes its final loan auction in August.
Foundation schools may decide to do building work without getting local authority agreement - but they cannot raise a loan on the buildings and of course it means they have to put right anything that goes wrong.
On Monday, Cleveland Police Authority chairman Councillor Ken Walker called for an investigation into the apparent authorisation for the loan and how any subsequent surveillance of McQuade was handled.
The Treasury relied on work done by advisers to the Bank of England and the Financial Services Authority, for separate purposes, instead of commissioning its own review of the Rock's loan book.