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Until it's paid off, or you declare bankruptcy and have the debt forgiven.
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∙ 13y ago
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How long does one have to be delinquent on a loan before a car is repossessed?
To determine how long one will have to be delinquent on a loan before a car is repossessed depends entirely on where the loan was taken from. Different places allow different payback requirements.
How can you be accepted for a financial loan if you are working under the table?
As long as the bank does not require you to prove your income before approving you.
How long do you need to be delinquent before they can repossess your car in Pennsylvania?
CHECK THE LOAN PAPERS. SOME 30 DAYS SOME ARE LONGER. IT ALL DEPENDS ON YOUR LOAN.
Will the bank give an auto loan on a 1960's car?
as long as you have good credit a bank should give you a loan no matter what it is for.
Can an individual get a personal loan from a bank?
Yes and individual can get a personal loan from many banks. This is especially more easy if it from a bank that one has been with for a long time. Getting a personal loan from a bank is very popular.
How does one use a bank loan calculator?
A bank loan calculator decides how much the bank can borrow a person for a selected period of time. The loan calculators also sum up how long it will take one to pay off the total debt with interest. To use a bank loan calculator, go to the bank website, select the type of loan, enter the duration of the loan and the results will be displayed on screen.
What is the journal entry for a 9000 long term loan that will be repayed at 10000 at a later time Also what is the journal entry for repaying this loan in full?
Debit cash / bank 9000Credit long term loan 9000Debit long term loan 9000debit loss on repayment 1000Credit cash /bank 10000
Can you get a home loan if you have 100000.00 in the bank but you dont have a job?
you sure can so long it is below to amount that is in the bank
Can a bank foreclose on a mortgage when the person on the loan dies leaving the home to the living trust where trustees are keeping the payments current?
You need a lawyer. As far as I can remember, as long as the loan payments are kept up to date that bank has no foreclosure recourse. What should happen is that the bank should transfer responsibility for the loan payments to the daughters after probate/reading of the will. If the daughters collectively do not meet the banks requirements for a loan in the amount remaining due it becomes a whole other can of worms. Do yourself a favor and get a lawyer.
How long does it take to receive a budgeting loan into your bank account?
I got my budget loan 10 days from when i sent my slip off
State a source of both short-term and long-term funds?
Short term fund: Bank overdraft. Long term fund: Loan from Bank.
If you are a cosigner on a car loan and the bank reposses how long is your credit affected?
Seven years.
