0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is a partial secured loan?
Where only part of the loan is secured.
Can you get a cash advance if you owe another lender?
Yes. You will have to request a higher loan amount. However some lenders do not accept new loan requests from other payday lenders.
If you make a parshall payment on your loan can the loan company still come after your car?
YES they can. A partial payment is not the full amount owed, so they can repo the car. If they say they won't if you do this--get it in writing, or re-finance the car.
The amount of a loan is called the what?
The main loan amount is called the principle. The amount charged monthly for the loan is called interest.
What is uncollateralized loan?
a loan not backed by a co-signer who agrees to cover the amount of the loan a person loan without assets to cover the loan amount a home equity loan a loan tkaen on a life insurance policy
I had work done on my car and have not paid it in full. The owner of shop refused a part payment and started proceedings to place lien on my vehicle. Can he do that?
Yes. He does not have to accept a partial payment.Yes. He does not have to accept a partial payment.Yes. He does not have to accept a partial payment.Yes. He does not have to accept a partial payment.
What is a partial secured loan?
Where only part of the loan is secured.
Can you pay partial rent to avoid eviction?
A partial payment will stop an eviction but the landlord must be willing to accept it. If they will not accept a partial payment, the eviction will proceed forward.
Can you get a cash advance if you owe another lender?
Yes. You will have to request a higher loan amount. However some lenders do not accept new loan requests from other payday lenders.
If you make a parshall payment on your loan can the loan company still come after your car?
YES they can. A partial payment is not the full amount owed, so they can repo the car. If they say they won't if you do this--get it in writing, or re-finance the car.
The amount of a loan is called the what?
The main loan amount is called the principle. The amount charged monthly for the loan is called interest.
What is uncollateralized loan?
a loan not backed by a co-signer who agrees to cover the amount of the loan a person loan without assets to cover the loan amount a home equity loan a loan tkaen on a life insurance policy
Can you reopen a car loan account that has been charge off to pay it off in a payment plan?
No. Once the loan is charged off, it is technically off the lender's active books. It is still advisable to pay off the charged off amount so as to correct any issues it may have created for your credit rating. Be advised however that if you do not have a signed agreement with the lender, they are not required by law to accept any partial payments, and can refuse anything less that payment in full.
What is uncollateralized?
a loan not backed by a co-signer who agrees to cover the amount of the loan a person loan without assets to cover the loan amount a home equity loan a loan tkaen on a life insurance policy
Function takes rate payment and loan amount and outputs a monthly loan payment amount in excel?
The PMT function in Excel outputs a monthly loan payment amount.
What function in excel takes rate payment and loan amount and outputs a monthly loan payment amount?
The PMT function in Excel outputs a monthly loan payment amount.
What is the difference between a policy loan and a partial surrender of a life insurance policy?
A policy loan is a loan against your cash value that you would have to pay back and they charge you an interest on the money you took out. The partial surrender is taking some of your cash value but it in effect will lower the death benefit. Careful!!
