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Caleb bought a car for 6900. He agreed on a five- year loan at a 5.4 interest rate. Calculate what Caleb and acirc and 128 and 153s monthly payments will be.?
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How do credit card payments work?
When you use a credit card to purchase something, you are making yourself a loan through the credit card company. You have to pay the company back for this loan at the terms you have agreed to when you signed the application for the card. If you make a payment in full when you receive your monthly bill, there will be no additional amount due, no interest, and usually no handling fee. When you make a partial payment, whether it is the minimum due, or a larger amount, the company will charge interest, and perhaps a monthly fee, which will be added to the next monthly bill. As long as the amount you pay is less than the amount due, you will continue to be charged interest every month, based on the balance remaining. If you pay the entire amount due at the end of the month, there will be no new interest charges. There might be a small amount of interest on the previous balance. Often, if you call the company and point out that you paid the previous bill in full, they might waive the final interest due.
What is an amortization Table?
An amortization table is a graph used to recalculate loan payments. More specifically, mortgage payment recalculations. It is a very good tool that is utilized by loaners/bankers/credit unions.
What are the dangers of no credit auto loans?
No loan is without risks. Those who borrow money to make a big-ticket purchase have to consider all the factors. For no-credit auto loans, buyers should realize that dangers include high interest rates, high penalties for missed payments, and the possibility of losing title to their car if they cannot make the payments they've agreed to.
If you have a 2300 dollar hospital bill and you make 20 dollar monthly payments are they allowed to send the matter to a collection agency?
No, as long as you have contacted the hospital and they are aware that you are paying a monthly amount and have agreed to accept that amount, they can not send you to collections. Most hospitals also have financial hardship programs and charity options. You should contact them to see if you qualify. I work for University Of Maryland and do ER billing. If you have a debt and the collecting party has proof of this debt, they have the option of selling your debt to a collection agency unless otherwise agreed upon through some legal channel.
What term is defined as fee charged for the use of money?
It is interest payable, usually on agreed terms.
Caleb bought a car for $6,900. He agreed on a five- year loan at a 5.4% interest rate. Calculate what Caleb’s monthly payments will be?
$131.48
Can a creditor place a lien on your property if you and he have agreed to a monthly payment schedule and you are making the payments?
Yes, if you have agreed that the house will be used for collateral.
Interest Only ARM Calculator?
Interest Only ARM Calculator Interest only mortgages can provide you with very low monthly payments, however you are not paying off any principal during the interest only period. Use this calculator to examine an interest only mortgage.
Can a credit card company charge off an account when they are receiving monthly payments?
Yes, if the monthly payment is not the minimum amount agreed upon, a breach of contract has occurred on the part of the account holder and the creditor may take whatever action they decide is warranted.
If you are in default and the company has agreed to a monthly payment but won't submit it in writing can they still repossess the car?
If you do not make the payments agreed to in the contract, on time, the answer is yes. if they agree to accepting a payment get it in writing ,then you have them.otherwise your screwed they will lie and tell you anything to get the car If it ain't in writing it ain't no agreement.
Is there a way to keep your refund if a payment plan is in effect Went through bankruptcy and making agreed monthly payments Can they still take my refund Can I request it back?
The State can and will take your refund as long as there is a balance owed.
What is conventional interest?
interest rate agreed upon by both parties
How do credit card payments work?
When you use a credit card to purchase something, you are making yourself a loan through the credit card company. You have to pay the company back for this loan at the terms you have agreed to when you signed the application for the card. If you make a payment in full when you receive your monthly bill, there will be no additional amount due, no interest, and usually no handling fee. When you make a partial payment, whether it is the minimum due, or a larger amount, the company will charge interest, and perhaps a monthly fee, which will be added to the next monthly bill. As long as the amount you pay is less than the amount due, you will continue to be charged interest every month, based on the balance remaining. If you pay the entire amount due at the end of the month, there will be no new interest charges. There might be a small amount of interest on the previous balance. Often, if you call the company and point out that you paid the previous bill in full, they might waive the final interest due.
You sold a car in a private party sale in which the buyer agreed via written contract to make monthly payments and they now owe 380 and are 4 months behind-how do you repossess in Texas?
You locate the car and remove it from the possession of the default debtor.
How do interest-only loans work?
An interest only loan is one of the options for people looking for a mortgage to buy their own home. This type of loan means the borrower usually pays a lower monthly amount and it's useful for someone that might have a variable monthly income. The principal, or amount initially borrowed still has to be paid back at the end of the loan period however. Interest is paid as an agreed percentage of the principal (the amount borrowed).
Can you repossess a car from your ex if they are not making the agreed upon payments?
i think so:D
What is monthly salary for a sub inspector in hyderabad?
It would depend on what contract he or she agreed to.
