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This depends on the term you chose when you got the loan. Military/VA loans just give you favorable consideration in the closing process rather than change the term of a loan.
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∙ 14y ago
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How does a loan and a grant are different?
A loan you usually have to pay back and with a grant as long as you stay within the criteria to have it, you don't have to pay it back.
Do you have to pay back the loan for repairs on a home?
What you do with a loan is irrelevant. You always have to pay it back.
What is it called when you don't pay back a loan?
Failing to pay back a loan is called defaulting on the loan.
Do you have to pay back an unsecured loan?
It is probably a good idea to pay back any loan. A loan, by definition, is something being furnished on condition of being returned. If you don't pay it back, it is not a loan. It is stealing.
Is a co-signed loan on my credit report?
The short answer is yes. The long answer is that when you co-sign a loan for another person, you agree to be responsible for that loan should they default so if they fail to pay the loan back, the creditor will expect you to shoulder the responsibility. If you fail to pay the loan back, it goes on your credit report.
What does a loan term refer to?
A loan tern refers to the length of time a loan is valid, and how long the customer has to pay it back. The shorter term the loan is, typically the better the interest rate.
have fair crediit need a loan with time to pay it back?
have fair crediit need a loan with time to pay it back?
Need a loan but can not pay back?
If you need a loan but can't pay it back, you should not get a loan. You should rethink your 'need' and find another way to resolve it. If you borrow money that you can't pay back, that is a form of theft.
How long does it take to pay back student loans?
Loan Calculators You can use this student loan payoff calculator to estimate how long it will take to pay off your student loans. Use this tool to determine how quickly you'll pay off your student loans. By making a higher monthly payment, you can shorten the length of your loan.
Military to refinance a car loan?
If you are in the military then you can use an army loan from OMNI financial to help pay for it. You can get a loan for up to 10,000 and the rates are definitely better than banks.
When your car is repoed and you pay the loan off how long do they have to give the car back?
they usually do not give it back. once they take it, it is theirs.
What happen when you have a title loan and the car gets booted?
It's still your car as long as you pay for it. You are expected to pay impound to get it back.......................but they have the title
