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NO, usually tote-the-note lots will be the ones doing that.

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โˆ™ 2015-07-15 18:38:55
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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

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Q: Do most creditors repossess cars that are 1 week to less than 30 days late in getting their monthly payment?
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Related questions

How late can your payment be before repo in North Carolina?

In North Carolina, a lender can repossess a car when just 1 payment is missing. They can also repossess it if you let the insurance lapse and are current on your monthly payments.


What kind of information do I need to calculate the monthly payments on my loan?

You monthly payment on a loan is largely based on your monthly income. usually you are expected to pay 15% percent of you income to you debtors or creditors.


Why are debt counselors able to talk with your creditors and get your monthly payments reduced and you can't?

It is the debt counselor's job to notify the creditors that if you choose to sign up for debt management plans and that you are very serious about getting out of debt. They are professionals. They know what compromises creditors will agree to and they know that creditors are likely to accept a partial payment rather than no payment or suing a debtor who has no money. Credit counselors also have contacts and know how to access the right people.


Who is allowed to repo boats?

Some companies are paid by creditors, such as banks, to repossess property in the event of a default on payment. Laws governing repossession tend to vary by state.


What happens when you dont pay your monthly car payment in full?

If they accept the payment you're ok. The big question is "If." You should send enough to pay the interest. Most companies don't repossess the car for a couple of months.


What are the conflicts between shareholders and creditors?

delayed payment of the creditors dues by the shareholder.


If a young unmarried person dies without a will what happens to their car payment and bills?

Creditors can make claims against any estate left by the decedent. If the car loan is not paid the lender will repossess the car. If there is no other estate the creditors are out of luck unless there was a co-signer on any of the accounts. As bills come in the creditors should be notified of the death.


Can a used car dealer repossess a car that is not in delinquent of payment but had late payment history?

Yes


How do i get out debt?

The simple answer is - discipline ! Work within a budget. Contact creditors and arrange a lower monthly payment. It might take some time - but eventually you can be debt-free.


What side of ledger is payment to creditors?

credit


How often can your credit score increase?

Credit scores can increase or decrease monthly depending on when your creditors report items on your credit report. Typically creditors only report items to the credit bureau every two to three months, but if you make a late payment of 30 days or more delinquent they report monthly.


What is Texas law on repose can they repossess from me because i was rude being rude?

They are not going to repossess a vehicle because you were rude. They can however repossess it if you miss just one payment.

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