0
Are you responsible for the car to be fixed if you have not even made your first payment?
Wiki User
∙ 11y ago
That depends -- what broke it?
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Option ARM vs. Fixed Rate Mortgage?
Option ARM vs. Fixed Rate Mortgage A fixed rate mortgage has the same payment for the entire term of the loan. The Option ARM uses a low initial rate to calculate your initial minimum monthly payment. Although the interest rate will increase after 1 to 3 months, your low payment will remain fixed for the entire year. This can produce a much lower monthly payment than a traditional fixed rate mortgage, or even an adjustable rate mortgage (ARM).
Can you get another loan even if you are paying off the first loan and even if you do not have credit?
Unlikely from the same bank but possible depending on your past payment histories and guarantor.
If the car has problems that the dealer cannot or will not resolve can you just release it back to the dealer if they haven't received a payment?
Yes i will release the car back to the dealer even if i did made a first payment. Sandile
Can you cosign for a car loan for your child if you have a car loan now?
As long as you have enough credit available yes. Just remember even if the payment is from another source, you are responsible and it eats into your available credit until it is gone.
Formula for break-even point?
Total fixed costs / selling price - variable cost/unit Break even points (in units) = Total fixed cost/CMPU Break even points (in Rs) = Total fixed cost/CM Ratio
Second wife responsible for husband child support payment loses job?
No. However, the State may place liens on real and personal property, including bank accounts, even though your spouse is a joint owner.
Difference between preference and ordinary shares?
Ordinary shares are those which issue to normal shareholders which are last in payment priority list and only receives dividend in case of profit and liquidity is good. Preference share has preference over payment form common share capital and it receives fixed percentage of interest even in case of loss to business.
How many years are you responsible for a debt?
The length of time you are responsible for a debt depends on the type of debt and the statute of limitations in your state, typically ranging from 3 to 10 years. However, it's important to note that even after the statute of limitations has passed, the debt still exists, but the creditor can no longer sue you for payment.
Does compound have a fixed position?
Not necessarily. Not even usually.
What percentage of a mortgage payment is the principal?
Most mortgages are fully amortizing. Meaning the pay the principal down to 0 over the term. Many today have special payment schedules that allow lower payments originally, even less than the interest due so the principal even grows while your making payments.On just about any mortgage, the amount of the payment that is principal vs interest changes literally with every payment. You need to refer to an amortization schedule for your specific rate and terms.Standardly at first virtually the entire payment is interest. The last few years virtually the entire payment is principal.
What is an example of a fixed pulley?
An example of a fixed pulley would be a well. This is a fixed pulley because the pulley doesn't move even though it is attached to an object.
What is the time limit to recover a repossessed vehicle in Texas?
Under Texas law, a vehicle may be repossessed even if payment was only late for 10 days. This means that is payment was due on the first day of the month, and payment has not been settled on the tenth, then, vehicle will be repossessed on the eleventh.
