answersLogoWhite

0


Best Answer

You answered your own question. CROSS COLLATERALIZATION.

User Avatar

Wiki User

โˆ™ 2015-07-14 16:09:39
This answer is:
User Avatar
Study guides

Loans

26 cards

What is forfeiture

Which of these is the best description of delinquency

Which term is defined as property that is pledged as security on a loan

This is Paula's monthly budget What percent of her expenses is spent on insurance

โžก๏ธ
See all cards
2.33
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
3 Reviews

Add your answer:

Earn +20 pts
Q: Can a credit union in Maryland repo vehicle that is cross colatoral on another loan if the car is paid up to date?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can you refinance a vehicle not included in a bankruptcy but owned by a credit union that had another account discharged?

If the vehicle is owned by someone else (the credit union) then it is not yours to raise finance on.


How much is car tax in Maryland?

6% of the purchase price of the vehicle less credit for the trade in. Document fees & warranties are included in the purchase price (they are taxable). Insurance ( credit life/disabilty) is NOT taxable.


Should you apply for a credit increase before or after applying for a vehicle loan?

For a better chance at getting the vehicle loan, increase your credit after the vehicle loan. Increasing your credit before may reduce the your vehicle loan amount.


Maryland statute of limitation on credit card debt?

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Maryland is 3 years. That would be from the last use or payment.


What is the sol for credit card debt in the state of Maryland?

Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in Maryland is 3 years. That would be from the last use or payment.


If you are given a blank check from a loan company for a vehicle purchase and instead are granted credit through a dealership can you still use the blank check at another dealer for another purchase?

no


What is the journal entry for trading a vehicle for another vehicle?

Debit new assetdebit loss (if any)debit accumulated depreciationCredit cash / bankcredit profit (if any)credit old car trade-in


How long does it take to hit your credit report after purchasing a vehicle?

It takes at least six months to hit your credit report after purchasing a vehicle.


Will voluntary car reposesion hurt your credit?

if i let my vehicle get reposesed will it hurt my credit?


Is credit score important to know when financing a vehicle?

Yes credit score is really important to know when you are trying to finance a vehicle and you can always get credit scores from a number of places like http://www.freecreditscore.com


Is it legal to buy lottery tickets with a credit card in Maryland?

can i use credit card to buy power ball tickets in md


What is another name for a credit note?

A credit note is another name for and adjustment note

People also asked