yes, a bank charges interest on late loan payments, if a mistake was made longer that a year ago, a protest can be made.
Hi am Robert i don't think they can take it back after it being so long i would get on to the F.S.A witch is financial services authority if you just Google it it should come up with there address and phone number . I am shoure they will be able to help you out the F.S.A are there to make shoure the bank's are running well and not ripping you off . I hope that helped you out some
that is generally on a bank by bank basis you normally don't have a minimum time limit but some banks do charge an early payoff fee so that they still receive some of their interest payments. Check with your bank
In banking an over limit fee is an additional charge imposed by the bank due to your the funds in your account. It is a penalty charge for going over your account limit.
If your car has been repossessed by the bank for missing payments, the quickest and most efficient way to retrieve your vehicle is to contact the bank and make your back payments. When contacting the bank about back payments see if there is a new payment plan system that you can set up with them that is more beneficial to you, to avoid having the car repossessed again.
Credit Line payments are payments that you make monthly on a line of credit that you have with your local bank. Many line of credits are based on the equity in your home, but they usually charge much lower rates than a traditional bank loan.
You may be responsible for the difference in what you owe on the home and what the bank is able to sell it for. You are not still responsible for the payments.
If the bank holds the loan, then yes. If the payments are stopped, the bank will repossess anyways.
A debit card charge must be posted no more than 30 days from the date of purchase. The merchant can still post a charge after the 30 days however they open themselves up to getting a chargeback from the cardholder/bank. A chargeback is a right that every cardholder/bank have. It is a way for the CH/Bank to get back their money when a merchant incorrectly processes a transaction.
Yes, but the card issuing bank would charge you over limit fee and other additional fees if you exceed your credit limit
Yes, if the account was in default. If there were arrearages payments being made could be applied to such making the account still in default and subject to additional action as well as a charge off.
If you are still making payments to the bank, then legally it is the property of that bank. If you fail to make the payments, the bank reserves the right to take back their property. Property can usually be returned to the purchaser if the the purchaser can make the payment in full, within a certain amount of time set by the bank.
The person who bought the car didn't make payments so the bank takes it back.
it in charge of collecting authorized state revenue and makes various payments for states expenditures . its equally known as the government bank. most of its payments are done through the bank which to an extend contributes to the of the banking sectors growth.