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If somebody is willing to pay the whole due amount after repossession do they have to pay the interest they owe?
Wiki User
∙ 8y ago
The lender will tell you the balance due to payoff the loan. YES, it wil most likely include interest. Read your contract.
Wiki User
∙ 8y ago
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What is an aggregate expenditure schedule?
It's the amount consumers are willing to pay, fluctuating with matters such as interest rates and consumer confidence
What is the largest amount a reposession cost can be in California?
There is no set limit on the amount that can be charged for a repossession.
Can the finance company still charge finance charges after repossession?
After a repo the loan holder will sell the vehicle at auction and any amount you owe less the sale price is your responsibility. Interest on that amount is usually negotiatable and will be waived if you pay any shortage.
If you are willing to put a certain amount of money in a bank for a year you would earn more interest with a?
You want to get a stock and bond thats going to help you build your money.
Can you get a repossession off your credit if you pay the past due amount immediatley?
Actually, it doesn't just come off your record. It will show as a repossession, but it will show as no balance due.
How will you know what you still owe the creditor after a repossession?
The amount you will owe the creditor will be the amount of your auto loan (including repossession fees, interest, and collection charges) minus the amount the vehicle sold for at auction. The creditor will notify you of the amount due in writing after they auction off the vehicle.
What will happen if you have been concealing your vehicle from repossession for over three years?
The lender has the option of foregoing repossession and filing a suit against the borrower for the amount owed plus interest, applicable fees and legal costs.
What is an aggregate expenditure schedule?
It's the amount consumers are willing to pay, fluctuating with matters such as interest rates and consumer confidence
Do you have to payoff a car repossession?
Yes, you owe the difference of the amount of the loan and what the vehicle was sold for plus any costs of the repossession. You are expected to pay that amount.
What or who decides what gold is worth for the day?
the market conditions...meaning, the amount somebody or something is willing to pay for it. this prices changes due to many factors.
What is the largest amount a reposession cost can be in California?
There is no set limit on the amount that can be charged for a repossession.
Can the finance company still charge finance charges after repossession?
After a repo the loan holder will sell the vehicle at auction and any amount you owe less the sale price is your responsibility. Interest on that amount is usually negotiatable and will be waived if you pay any shortage.
What happens after a repossession?
After a repossession, you will need to pay a fine usually. For example, if this was a car being repossessed, you would have to pay a certain amount to get it back.
Can you getcar back after repossession?
Yes, but you have a very limited amount of time to do it in.
What is the maximum automobile repossession fee that can be charged in Texas?
Some states have set maximum amounts for repossession fees. The state of Texas,. however has not set a maximum amount on the fee that can be charged for a car repossession.
If you are willing to put a certain amount of money in a bank for a year you would earn more interest with a?
You want to get a stock and bond thats going to help you build your money.
If suing somebody can you collect interest on the money that they owe you?
The laws on collecting interest on a debt will vary by state and may be governed by the terms of the agreement, if any. However, most states do allow you to collect prejudgment interest and have it added to the judgment if the case goes to trial.
