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What else can I help you with?
On your credit card statement what is the outstanding balance?
Past due amount of money you owe.
Can a company make you pay the balance on a car if insurance do not cover it all?
Yes, You still owe the balance of any note owed to your Finance Company.
Once the lender sell you car do you still owe the balance?
You owe the difference in what the car sells for and the balance on the note.
Is owed a past tense word?
Yes, "owed" is the past tense of the verb "owe." It is used to indicate that a debt or obligation existed in the past.
What the past tense of owe?
owed
What is the balance on a loan?
The balance means the amount of money that you still owe on the loan.
What does the final balance on a sales ledger control account represent?
it represents the amount that trade receivbles owe to the business at the end of the financial period (dr balance) credit balance represents the amount that the business owe to the debtors (minority balance)
What does no open balance mean?
You dont owe anything.
What is an assessment of what you own and what you owe?
personal balance sheet
Do you still owe the money for the car if they have repossessed your car?
You would owe any payments not made up until the day the car was taken. So, if you hadn't paid for two months and they took you car, you would owe those two months. The borrower would owe all back payments and penalties plus any difference in the amount of the loan and the amount for which the vehicle is sold. ___________________________________________________________ You have to take into consideration that the lender might not be able to sell the car and get enough from the sale to pay off your loan. So if there is a discrepancy between what you owe and what they sold the car for then you owe the balance. When a car has been repossessed, the purchaser is liable for any balance that remains on the car if it is sold by the lender. The balance that the lender is looking to collect will include the fees charged to them by the repossession company, storage com, and the selling agency if they do not sell the vehicle themselves. Additionally, interest will continue to accumulate on the balance until the car is sold or the original owner re-assumes it. If the car is sold for enough money to cover the balance then the original purchaser will not have to pay any past due payments. If the car sells for less than the balance due, the original purchaser will be liable for the balance and interest will continue to accrue on this.
Is it possible to do a balance transfer for more than you owe on your current credit card?
No, it is generally not possible to do a balance transfer for more than the amount you owe on your current credit card.
What is the previous balance method?
calculates the interest you owe for your balance at the end of the previous billing period
