you can still go to the company and pay it off . in return they contact the credit bureau to update the info. keep all paperwork just in case you need to make corrections to your file. i went for years without being able to pay a hospital bill then paid it. sure enough it was corrected on credit file.
Yes.
I'm not sure I know what a pay off loan is....... but I do know what it is to pay off a loan.Could mean pay your loan off.orPay the principle balance in full. They will usually deduct some of the finance charge if the loan is paid off early.Commonly found in:*charged off accounts*repossession accounts*complete loss accounts paid off by insurances
I'm not sure I know what a pay off loan is....... but I do know what it is to pay off a loan.Could mean pay your loan off.orPay the principle balance in full. They will usually deduct some of the finance charge if the loan is paid off early.Commonly found in:*charged off accounts*repossession accounts*complete loss accounts paid off by insurances
After you pay off a loan, the title is usually sent to you, and leins are dropped. This will vary from instance to instance though. Ask your loaner.
You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.
A sudden debt pay off is when someone pays back a loan quickly.
The question doesn't make sense. If your family member gave you a loan, what "banking institution" was involved? Why did the person you took a loan out from have to pay off anything?If you took out a loan, yes you're responsible for paying it back.
You must pay off the loan.You must pay off the loan.You must pay off the loan.You must pay off the loan.
It sounds entirely reasonable that you would pay them back for the remaining amount of the loan and for the needed repairs. I assume that the co-signer was trying to get the loan off of his credit and that perhaps you were not paying regularly or on time. There may be other circumstances that are not addressed here.
What you do with a loan is irrelevant. You always have to pay it back.
Failing to pay back a loan is called defaulting on the loan.
Of course. Until you pay off the mortgage loan, you have to pay payments on the home.