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try to get a lower interest loan and pay off the higher interest contract.
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∙ 16y ago
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Do you have to pay a higher interest rate other than the one on contract?
Depends if the terms of the contract allows the interest rate to be changed.
How much interest can a seller charge on land contract?
A seller can charge whatever interest they wish on a land contract. The buyer doesn't have to sign a contract if they don't agree with the terms.
Can collection agencies double your interest rate?
Read the contract. If the contract says they can...
What is Leasing interest?
leasing interest is having a contract with another person which has a time limit and this means that the person can be in charge until that contract ends.
Your sister and you share a property without your knowledge she has signed a contract with an estate agent is this valid?
If you are equal owners, the contract can only encumber your sister's half interest. She cannot contract to sell your interest.
How many days does a car dealer have to notify you of higher interest rate?
Every car loan contract is required to specify if the original interest rate can be raised. If the interest rate can be race the contract should specify the amount of time they have to notify the contract participants.
What does no escape mean in a real estate deal?
"No escape" is related to the contract. An escape clause is clause, condition or other provision in a contract that allows you to back out of the transaction if you find something about the property, the financing or some other factor that makes the deal undesirable. You may have to pay a fee or lose your deposit.No escape means that you cannot back out of the transaction once you have signed the contract. You need to be absolutely certain that you will go through with the real estate purchase no matter what if you enter into a contract with a no escape clause.
When was It Was High Time to Escape created?
It Was High Time to Escape was created in 2003.
If you do a voluntary repo and the dealership sells your car do they have any right to collect interest?
The contract called for interest as long as you had the car. IF they get a judgment for the balance owed on the contract, it will call for interest until it is paid. READ your paperwork.
How do you back out of a singed contract?
Put in an escape clause. If the other party proposes a counter-offer, then you can void the original contract.
What are advantage and disadvantage of trade bank?
High interest means that the interest is high, low interest means the interest is low
Do liens on homes by a contractor accrue interest?
A lien is merely a kind of security for a debt. If the contract provides for interest, then the lien, if properly drafted, will cover that. In most states there is a statutory interest rate. If the contract doesn't provide for interest, then interest will accrue at the statutory rate and the lien, if properly drafted, will cover that as well.
