0
If your payments are up to date but you want to turn the car in early because the payments is a financial burden what will this do to your credit?
Wiki User
∙ 8y ago
It will make a repo appear on ones CR and subsequent loans will require a higer interest rate and possibly higher down payment.
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
Why is it unwise to pay minimum payments on your credit card?
It is unwise to pay minimum payments due on credit cards because the payment will cover only a small portion of the principal amount and more on interest and financial charges.
What makes my credit rating increase?
By making on or before time payment of your financial liabliliies.. like EMI's, credit card payments etc..
Where do you get help for financial institutions to understand what determines a credit score?
How your FICO score is determined is a will kept secret- but the main factors are how long you have had credit, the % of each credit line you have used, and late payments
If your SL is deferred until 2008 but you are being denied credit because of it is it better for your credit score to pay it all or to make payments?
if its deferred because you are in school... then you arent being denied credit because of it. if you dropped out of school then you have to begin payments immediately... if not then you default... which will get you denials. if you are deferred because you are in school... then it actually helps your credit because its an open account that's current.
How can you get your car payments reduced?
Call your financial institution you have the loan with and see if they will allow you to refinance your loan. Depending on your history with on time payments and credit score will help determine your rate change if any.
Who is wfc pbp?
Wfc is world financial corp. They are the 3rd party bank that processes the monthly credit card payments for hsn and Blair
Where can I find a credit card debt calculator?
One of the websites with a good credit card debt calculator can be found on www.bankrate.com. Make sure you have your financial statements ready to calculate your payments accurately.
What is a high credit score rating?
A high credit score rating means someone is in good standing credit wise. They are prompt in payments and always pay payments in full. A good credit score is sought after by many people, because its a mark of a responsible person.
If you have accumulated bad credit while in college can you be denied financial aid?
You can be denied private loans, and grad plus loans for late payments on your credit history. If you default on a federal student loan, you will lose eligibility for all federal financial aid (including grants).
Which financial instruments are available from Fiserv?
Fiserv offers Letters of Credit (LCs), Standby Letters of Credit, Collections and Clean Payments. You can also find many tools that will help you follow your and others finances.
How do you add if you can your apartment rent payments to your credit score?
Your landlord would have to report payments to the credit bureau.
How can merchants process credit card payments in the event of a power failure?
Credit card payments cannot be processed in an event of a power failure. This is solely because the credit card payment requires a technical device which uses electricity. However alternative payments should be implemented as well as a power generator should be looked into.
