answersLogoWhite

0


Best Answer

You can expect to pay the amount of the loan minus the interest and fees. This is significantly lower than the amount asked. Sometimes it is a pwrcentage of the loan.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How much can you expect to pay in a loan settlement?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

How much interest should one expect to pay on a personal loan?

One should expect to pay anywhere from 5% to 20% interest on a personal loan these days. of course you must take into consideration your employment status, your credit score and the financial institution you are planning to use as interest rates vary from bank to bank.


What kind of interest can you expect for an unsecured loan?

You can expect a low intrest to start with, but it varies. Generaly speaking it goes up over time, usually a very bad investment, not a good choice. This loan is typically for people who can pay off there loan fast.


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 kind of collateral is used for a personal loan?

It depends on the type of personal loan. It is possible to get a loan using only a good credit score as collateral. If you do not have good credit, it is still possible to get a loan without collateral, but you can expect to pay a much higher interest rate. It is also possible to use a vehicle or property as collateral.


Can i take a loan against my car that is paid off?

Yes you can. Many credit unions and small banks will offer a secured loan for a vehicle that does not have a lien. Expect to pay higher interest for this type of loan. ----

Related questions

How do I get a lawsuit settlement loan?

To get a lawsuit settlement loan, you will typically need a pending lawsuit or settled case with a potential financial award. You can apply for a settlement loan with a legal funding company, who will evaluate your case and offer a loan based on the estimated value of your settlement. Keep in mind that lawsuit settlement loans often come with high interest rates, so it's important to carefully consider the terms before proceeding.


If you want to pay the auto loan amortization schedule off early are there any early settlement charges?

There are usually no early settlement charges if you want to pay an auto loan off early. There will be charges if you pay an auto loan off later than scheduled.


How much will the lawyer get from a 30000 settlement?

This depends upon the agreement you have with him. Lawyers may charge by the hour (and you should expect to pay at least $300/hour) or they may work for a percentage of the resulting settlement.


How much can one expect to pay for an aviation accident attorney?

Usually a client will pay a contingent fee. This means there is no upfront cost for the attorney and the attorney will be paid a certain percentage of the settlement.


How much interest should one expect to pay on a personal loan?

One should expect to pay anywhere from 5% to 20% interest on a personal loan these days. of course you must take into consideration your employment status, your credit score and the financial institution you are planning to use as interest rates vary from bank to bank.


Financially what is interest?

When you take a loan out from a bank, or wherever, they will expect you to pay interest. This means that you pay back what you took out on a loan, plus extra money. So for example, if you took a loan out for $500, and let's say you have to pay it back with 15% interest, you would pay back $575.


What rates should you pay for auto loans?

The rate you pay for an auto loan will vary widely and depends on your credit score, other demographic factors, and the total amount of the loan. Expect to pay at least 10% interest.


What is meant by the phrase no cost loan?

A no cost loan is a type of mortgage. The lender will pay for the borrower's settlement costs in exchange for the borrower paying a higher interest rate.


What kind of interest can you expect for an unsecured loan?

You can expect a low intrest to start with, but it varies. Generaly speaking it goes up over time, usually a very bad investment, not a good choice. This loan is typically for people who can pay off there loan fast.


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.


How much tax do ypu pay on 26000?

on an estate settlement how much money in tax will i pay on $26000.00


What kind of collateral is used for a personal loan?

It depends on the type of personal loan. It is possible to get a loan using only a good credit score as collateral. If you do not have good credit, it is still possible to get a loan without collateral, but you can expect to pay a much higher interest rate. It is also possible to use a vehicle or property as collateral.