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How does down payment and security deposit size impact the lease or loan option?
Wiki User
∙ 18y ago
The greater the down payment, the more favorable the terms of the loan/lease.
Wiki User
∙ 18y ago
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Do factors like down payment and the security deposit that has to be paid upfront on an asset have a major influence on a lease or loan option?
Large down payments or security deposits will increase the net present value (NPV) of the loan or lease option. If either the lease or the loan requires a large security deposit or down payment, this will increase the NPV of that option making the other option more appealing. This is due to the devaluing of money over time. If a large down payment is required upfront, that amount of money is not devalued. Payments, as time goes by, are less valuable.
Can a lanlord use security deposit if tenant is late on the rent?
You can in Massachusetts - you don't say what state you are in. The landlord has the option of using the deposit for back rent, but he doesn't have to.
Does a tenant have to replace linoleum when he leaves?
You may have given a security deposit when you moved in and that may be kept if it can be shown that you damaged the floor. If you feel it is not justified, you can go to small claims court and sue the landlord for it. If there is no security deposit, the landlord can try and make you replace it, but his only real option is to sue you for it. Most will not go to the trouble.
Is security guard license in Ontario cost some money Why for is the payment option in application form?
Yes, obtaining an Ontario Guard Licence does cost money. The licence costs 80 dollars. Generally the payment for the licence is taken off of your pay, either all at once, or in two payments of 40 dollars. You have the choice of which payment option you prefer.
Can you use a deposit for the last months rent?
This would depend on the landlord. If you landlord says yes to this, which I seriously doubt. Then obviously when you moved out you wouldn't get it back. Talk to the landlord about your situation. Maybe something can be worked out.
Do down payments and security deposits that have to be paid up front on an asset have a major influence on the lease or loan option?
For down payments absolutely. Any money pre-paid on an asset that will be purchased with either lease or loan, will reduce the total debt due. This reduces the monthly obligation (cash going out) and reduces the total interest amount paid over the duration of the loan. A security deposit is completely the opposite. The money paid into a security deposit accumulates interest money for them, not you. It also doesn't reduce your debt to them so you pay more in interest. You will also pay more per month because the total due is higher. I have never paid money into a security deposit in 40 years of business and never would. I have however paid 50% or more towards a down payment.
Is It Possible To Rent A Car Without Putting Down A Deposit?
Regardless of the vehicle you choose, a security deposit is required. The actual cost depends on the sort of car you want to rent and might range from 1000 AED to several thousand AED. We keep the deposit on file for the rental duration and refund it when the vehicle is reclaimed. Any fines or repair fees incurred by the car will be deducted from the deposit amount. Customers have the option of paying their security deposits with credit or debit cards. Rent a car Dubai.
Where can one find information about the flat spread Option Adjusted Spread?
An Option Adjusted Spread, otherwise known as OAS, is a flat spread added to discount a security payment. You can find out more information on these by visiting your local financial institution.
What is the long form of mod?
multi option deposit scheme
How many types of electronic payment option are there?
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Can a employer require wages be paid electronicly?
NOU.S. Department of Labor InterpretationOne potential complicating factor is the U.S. Department of Labor's position regarding direct deposit found in Section 30c00 of its Field Operations Handbook:Section 30c Payment of Wages30c00 Method of PaymentThe payment of wages through direct deposit into an employee's bank account is an acceptable method of payment, provided employees have the option of receiving payment by cash or check directly from the employer. As an alternative, the employer may make arrangements for employees to cash a check drawn against the employer's payroll deposit account, if it is at a place convenient to their employment and without charge to them. (Field Operations Handbook, 12/9/88)Colorado Department of Labor & EmploymentMethods of PaymentColorado employers may pay their employees with checks (or other instruments payable upon demand), cash, paycards, or by direct deposit into the employee's account at a financial institution.Direct deposits can only be made if the employee has voluntarily authorized the deposit and has chosen the financial institution into which the deposit is made.　ReferencesAdvisory Bulletin: Methods of Payment, 1(I)Colorado Revised Statutes 8-4-102 (Proper Payment)Colorado Revised Statutes 8-4-103 (Payment of Wages)
How you deposit money in bank?
You can put money into your bank account in a number of ways, some of them are: a. Walk into your bank, fill up a deposit slip and pay the money to the bank teller b. Walk into a nearby ATM, insert your ATM card and choose cash deposit as the option and deposit your money in the ATM c. Deposit a check into your account by using either option a or option b d. Get a funds transfer done from another account and have money deposited into your account
