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Can you trade in a used car for a cheaper vehicle in order to lower your monthly payments?

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βˆ™ 2008-02-27 20:29:12

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yes you can. yes you can. yes you can.

2008-02-27 20:29:12
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You have bad credit 7000 dollars for a used car can you get approved with low monthly payments?

Someone may approve you but you will have an outrageous percentage rate and your payments will be high. Safe to say with bad credit you will have payments over 500.00/month for 7,000. Try to get some of the money together or begin to repair your credit or set you sights lower for a cheaper vehicle.

What are the advantages of paying your house off?

You save a load of money in interest and lower your monthly expenses. You can put the money in the bank instead if you have no mortgage payments.You save a load of money in interest and lower your monthly expenses. You can put the money in the bank instead if you have no mortgage payments.You save a load of money in interest and lower your monthly expenses. You can put the money in the bank instead if you have no mortgage payments.You save a load of money in interest and lower your monthly expenses. You can put the money in the bank instead if you have no mortgage payments.

Will credit card consolidation lower your monthly payments?

Yes, consolidating your debts into one debt will lower your monthly payments. Now the bad news. When you lower your monthly payments you will be extending your debt over a longer period of time. The only time a debt consolidation will work, is if you do not charge and change your life style to a cash only basis.

How can one lower credit cards monthly payments?

The best way to lower one's monthly credit card payments is calling the card issuer and explaining why one wishes to lower the rate. Depending on the creditor they may extend the due date.

Lease a car?

The advantages of leasing a vehicle are lower up- front costs and lower monthly payments. You can drive a more expensive vehicle for a lower cost than buying it. At the end of a 3 year lease you will have payed less than half of what a person has payed to buy the same car on a three year loan. But you own nothing, he does.

You are financing a vehicle but you can no longer afford payments what can you do?

Talk to the lender, or you can file Chapter 13 Bankruptcy to lower the payments where you can afford them.

Lower Your Payments?

Most banks and car dealer websites have an auto refinancing calculator that customers can use to recalculate their monthly payments. If you have been making more than the required monthly payment, you can most likely get your monthly payment lowered. The interest may be the same or a bit lower if you have been on time with your payments. Be sure to enter all of the information into the calculator correctly so that you have the most accurate payment information.

How can I lower my mortgage through refinancing?

Mortgage refinancing is a good way to lower your mortgage. Refinancing brings your payments down by finding a better loan. Refinancing allows you to have lower monthly payments which will allow you to pay off your loan faster.

Using a Vehicle Refinance Calculator to Reduce Your Auto Loan Payments ?

If your car payments are too high, try using a vehicle refinance calculator to help lower your payments. Before you go to the bank and ask for refinancing, use an online vehicle refinance calculator to figure out how much your monthly payment would be if you refinanced. The loan calculator will ask you to enter your principle balance, amount of your monthly loan, current interest rate, number of years that you will be financing and any fees associated with the loan. When you are finished, print out the loan calculator page and bring it to your bank when you ask for refinancing.

Benefits of eastwood insurance?

There are several benefits in using Eastwood Insurance. These include lower monthly payments and a better quality of customer service.

How can one get a low rate on the mortgage refinance?

There are several ways a person can get a low rate on the mortgage refinance. A person can get a lower rate on their mortgage if they make the payments longer, making the monthly payments be less.

What are some benefits of a used car lease?

the most beneficial thing about a used car lease is that the person with the used car lease will avoid the depreciation in value of a new car. With a used car lease, your monthly payments will be lower and most of the time, your car will only be leased as long as the warranty, so there's no repair cost coming out of your pocket. Lower monthly payments, no down payments. Try .

What are credit line payments?

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.

When filing chapter 13 repayment plan do you still have to make your current monthly payments or through filing bankruptcy can they be lowered?

You have to make whatever payments are required as determined by the BK analysis, which should be lower than trying to make all your normal payments.

What can you use a a refinance calculator for?

A mortgage calculator can be used to find out if it is worth it to refinance your monthly payments, if it will lower your payments and if you would save on interest and fees. By entering your data you can decide if it is worth it to refinance your home mortgage.

What are the pros and cons of adjustable rate mortgage compared to a fixed one?

As opposed to a fixed mortgage rate an adjustable rate mortgage allows an individual to start of their mortgage with lower monthly payments. However, these monthly payments increase over time which demeans the value of saving money on your house.

What company has the lowest interest credit cards?

Interest fees vary depending on the credit card company. Most companies apply interest based on your credit score and credit history. To obtain a lower interest rate, increase your monthly payments or make payments more frequently. The more payments you make the lower your interest will be.

What should one expect from a debt counseling service?

Debt counseling services help one develop a debt management plan, which usually consists of a budget plan and a consolidation of monthly payments into a single, lower payment. Banks are often willing to accept lower monthly payments and charge lower interest rates to those with debt management plans; hence, such individuals can realistically escape debt much sooner.

What is the term option in a reverse mortgage?

Reverse mortgage proceeds may be taken as a single lump sum, a credit line, monthly payments for life (tenure) or payments for a set amount of time (term payout). You can also receive payments from the reverse mortgage as a combination of all. i.e 25% lump sum, 25% credit line, 50% monthly payout. The lower the term requested the higher the monthly amount. After the term is over no further payments from the reverse mortgage will be received. Source:

What is the process of reposession of RV in California?

you need to take care of this situation ASAP or you will be court ordered to give up the car! My advice would be to get proffessional help, they will be able to stop repo, help with car payments, lower monthly payments, lower interest rates, get you caught up to date on your payments, stop repossession, and avoid repossession!

How can one calculate car payments?

The first thing you do is to figure out the amount of money that comes into the household monthly. Next how much is spent out on various bills, etc. then figure how much is left for a car payment. Next figure out the down payment. The higher the down payment the lower the monthly payment. Begin checking out cars in your pay range. If you go with a dealer check on rebates. Take the full price of the vehicle deduct any rebates and the down payment then divide by how many months to pay and this will tell you how much your monthly payments will be.

Is it possible to refinance a car?

Yes, itis possible to refinance your car if your financial situation requires it. If you were to refinance your existing car loan you can substantially lower your monthly payments.

What is lease vehicle in used cars?

The benefits of leasing include the option to not make a down payment, paying sales tax only on monthly payments (in most states), and payment of a money factor similar to the interest rate on a loan. Leases may also include extra fees and possibly a security deposit, items not part of a direct purchase. First payments are made at the time the contract is signed. The short-term monthly cost of leasing is less than the cost of buying, according to For vehicles with the same price, term and down payment, monthly lease expenses will be 30 percent to 60 percent lower than loan payments.

Good Credit Can Reduce Monthly Bills?

One of the most important things to consider when attempting to develop a budget and lower monthly bills is what type of credit score he or she has. While credit scores may seem negligible when looking at everyday bills like cable, satellite, phone and energy, companies often look at these scores and may consider charging an extra up front or monthly amount until scores are improved. Of course, vehicle and mortgage payments are often directly related to credit scores, and credit card payments are also directly impacted. Paying bills on time will help to improve credit scores and reduce payments

I bought a jeep out in finance and then lost my job im on social welfare payments can my finance be brought down a small bit?

Depending on how long you have owned the Jeep you have a couple of options. 1. Say you've owned the Jeep for 20 months and have another 40 months to go. You have paid off a certain amount of the vehicle and usually the bank can readjust your loan back to 60 months of payments. This will lower your monthly payment. 2. If you recently bought the Jeep you can tell the bank your situation and they may be able to lower your payments for a determined amount of time.