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yes it does i think so do you think so?
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You had a credit card with Household Bank that went into collection you've been paying the collection company every month for 2 years but your balance keeps going up what can you do?
What is the Annual Percentage rate set at? Are you making more than the minimum monthly payment? Is the collection agency charging any monthly fees? If you are making a $10.00 a month payment and the finance charges are $8.00, only two dollars is being applied to wards the balance, each month. Check to see how much of your monthly payment is going to the finance charges and then increase your monthly payment to cover the minimum monthly payment and finance charges.
What happens if you are late on a payment or stop making your monthly payment on the house?
The lender will begin the process to take possession of the property by foreclosure.
Can a lender report the car to the police for not making the monthly payment on the loan?
They won't call the police, but the vehicle will be repo'd
Can a creditor place a lien on your property if you and he have agreed to a monthly payment schedule and you are making the payments?
Yes, if you have agreed that the house will be used for collateral.
Reduce Costs On Mortgage Payments?
Mortgage payments are typically paid monthly, making 12 payments per year. However, if one extra payment is made each year, thousands could be saved in interest alone and the loan repayment period shortened by years. One easy way to accomplish this is by changing the frequency of payments. Instead of making one payment a month, pay half the monthly amount every two weeks. Another option is to pay a small additional amount over the monthly payment every month that equals approximately 1/12th of the monthly payment. By the end of 12 months, an extra payment will be completed.
How can you lower your monthly car payment?
You can lower your monthly car payment by making a larger down payment, so that you borrow less money in total. You could also choose the loan with the longest term, for example, paying $250 per month for five years instead of $417 per month for three years.
You purchase a car making a down payment of 3000 and 6 monthly payments of 225 How much have you paid so far for the car?
$4350
What should one consider when making the decision to do a mortgage refinance?
One reason to refinance a mortgage is to get a better interest rate, so two things to look at are whether your credit score or the market in general have improved since you originally financed or last refinanced your mortgage. If either of those things are true it is likely that you will be able to get a better rate by refinancing. Alternately, you may consider increasing or decreasing the length of your mortgage. With a longer mortgage your monthly payment will be smaller but you will end up paying more in the long run because longer mortgages usually have higher interest rates. Or if you can afford to increase your monthly payment then shortening the length of your mortgage will get you a better rate and get you out of debt faster.
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.
If you purchase a car for making a down payment of 3000 and 6 monthly payments of 255 How much have you paid so far for the car?
Uhh $4530
How To Increase Your Monthly Budget?
Finance Auto Loans can cause a big increase in a monthly budget. Even with decreasing interest prices, payments can run as high as $500 per month. With the strained economy, this can put a huge dent in savings and make living on a budget difficult. The best way to ensure that finance auto loans stay low is by starting off with a large down payment. Before purcahsing a vehicle, buyers should spend several months to a year making payments to themselves. By saving a few thousand dollars to put down, monthly payments can be cut in half, making budgeting easier.
What can you do to an inclined plane to increase its mechanical advantage?
Decrease the angle to the horizontal. This is done by making it longer.
