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Can a loan company demand cash payments?

Updated: 8/20/2019
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12y ago

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no

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12y ago
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Q: Can a loan company demand cash payments?
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Related questions

Is there a national cash loan company?

If you are looking for more information on Is there a national cash loan company, the best place to look for the information is on www.wegivecash.com/national-cash-advances.aspx


How do you record loan using cash basis accounting?

When the money for the loan is received it is recorded as cash. Payments are not recorded until the actual payments are sent out. This will be recorded as a debit to a loan expense account and credited directly to cash. The interest is debited directly to an interest expense account and credited directly to cash for the same payment. A compound entry can be used for this purpose. There is no loan payable or interest payable accounts for cash basis accounting.


Can a company take money from your bank account without permission?

It depends. If:you have a monthly loan repayment agreement with the company wherein the company automatically deducts your monthly payments from your savings account oryou have defaulted on your loan payments for more than 2 or 3 months and haven't contacted the company reg. the sameThen, the company can withdraw money from your account (if there is any cash available) towards your loan repayment. Otherwise the company cannot deduct any money from your account without intimating you.


How do you right a letter about late payments to a loan company?

acaca


What is the phone number to make auto loan payments?

that depends on who your loan is through.Do you know what company you got the loan with?


You have a car loan can another person take over the payments?

If the loan company approves. If the loan company does not approve and transfer the loan you would still be legally responsible for the debt.


Can your loan company repossess your car if you are in arrears but are making payments?

Yes.


What is the purpose of cash flow loans?

A cash flow loan's purpose is to finance growth or an acquisition. The cash flow that is generated by the borrowing company is used as collateral for the loan.


Where can I find a cash loan company?

Quicken Loans or Moneytree are reliable cash loan companies. You can take out a payday loan and you'll be able to pay it back when you can. I hope that helps you.


What data do you need to collect to construct a cash flow budget?

You will need three important pieces of data to construct a cash flow budget. The data you need are possible cash payments like loan and tax payments and rearrangements, sales forecast, and likely cash receipts like loans, grants, and tax refunds. Another item to consider is the time period, but that will depend on the size of your company.


If you cosigned on a loan and voluntary have it returned can the company still come after you if the primary signer is making payments?

Don't understand what you mean by the phrase, "...voluntary have it returned..." However, as long as the primary indebted party is current in their payments there would be no reason for the loan company to contact you for payments.


Can I get instant loans online?

To get an instant loan you would need to go to a cash advance or payday loan place. Rent to Own is the major company that does this, but any cash advance company will work.