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Q: Caleb bought a car for 6900. He agreed on a five- year loan at a 5.4 interest rate. Calculate what Caleb and monthly payments will be?
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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


How do I get my car back that I sold to a friend and they have not paid the agreed monthly payment. they havent paid any payments in 3 months.?

Hopefully you did not sign the title over until it was to be paid for. If you did not sign over the title the car is legally yours. If you did, consult a lawyer.