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No but accepting payment does.

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16y ago

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Related Questions

Do you have to sign a new contract when financing a vehicle to make the payment higher?

Whenever terms on a contract are changed, a new contract should be signed.


If you make a payment every month on your car in the state of Illinois can they repossess it if you don't make the exact full payment every month?

It depends on the terms of the contract, but probably.


Can a creditor call and harass you to make a payment during the 10 day grace period?

depends on the contract.


You signed a contract for a used car the car dealer still has the car you have not given your down payment can you get out?

I THINK SO. THE CONTRACT HASN'T BEEN COMPLETED UNTIL THE DOWN PAYMENT IS MADE. HE'LL PROBABLY VOID THE CONTRACT FOR FAILURE OF PAYMENT.


Is the legal payment date the date the transaction is initiated or the date the payee receives the payment?

The legal payment due date is the date specified in the contract. The actual payment date is the date the payment is initiated by the payor unless specified otherwise in the contract.


Can California landlord modify renter's method of rental payment?

A renters monthly payment can only be modified in a contract. If the contract stipulates a certain method of payment and it is signed, then they can hold the renter to that type of payment. They cannot suddenly change the type of payment.


Is it true that if a consumer does not make the first payment in 30 days they are not obligated to the contract and can return the vehicle?

No, once the contract is signed by all the involved parties it becomes legal and binding.


Can a dealer reposses a car for not paying deferred down payment that is not in the contract?

This is not your car. The down payment enables you to have the privilege of a contract. So, pay up.


In Oregon if you make a payment on your loan can they repossess 2 weeks later if the payment only brings the account from 90 to 30 days past due?

READ your contract. IF you are in default, they can repossess.


What is an example of a public transfer payment?

what is an example of a free contract


What is Payment terms in law?

the payment for goods delivered by the seller is a very important part to the contract. The payment terms will normally be agreed between the parties when the contract is negotiated. It will be usual to expect payment on delivery, payment by instalments or payment by any method agreed by the parties.


What are the terms and conditions of the payment contract for the car?

The terms and conditions of the payment contract for the car outline the amount to be paid, the payment schedule, interest rates, late payment penalties, and any other relevant details regarding the financial agreement for purchasing the car.