0
I owe a person money and offered it to them it in installments or the full amount in due time like 2 months but they refused the money but want to take me to court for the money can they do this?
Wiki User
∙ 12y ago
They cannot that you offered them something and they declined that's there fault.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
You owe a person money and offered it to them it in installments or the full amount in due time like 2 months but they refused the money but want to take you to court for the money can they do this?
hire a prostotute to posin them
Difference Bw Bank Overdraft And Bank Loan?
A loan is an agreement between us and the bank to repay a fixed amount of money over a duration (usually years) as equated monthly installments. An overdraft is similar to a loan but is slightly different. In case of overdraft you can withdraw cash to a certain limit more than your bank account balance. you can repay this amount within the next few days or weeks or months. for as long as you have used the overdraft amount, the bank would charge an interest. the moment you repay the whole amount you would be eligible to re-use the entire overdraft amount again.
What is the difference between loan and advance?
The main difference between Loan and Advance : the interest component.2. Both Loan and Advance are to be repaid in installments for example: monthly installments of equal amounts.3. In case of Loan, interest is calculated ( Simple or Compound type interest) and the interest amount is recovered at the end.4. Example for Advance: Mr. X working in an organisation. He took $10,000 as advance to be repaid in 10 monthly installments. Monthly recovery from salary is $1,000 . After 10 months, hi repays entire amount .5. Example for Loan: Mr. Y took a Loan of $10,000 with a a simple interest rate of of 12% per year. Monthly installment is $1,000. Accrued Interest is calculated every month on balance principal amount. The recovery chart is as below.Installment Balance Interest Accrued interest 10000 0 1 1000 9000 100 100 2 1000 8000 90 190 3 1000 7000 80 270 4 1000 6000 70 340 5 1000 5000 60 400 6 1000 4000 50 450 7 1000 3000 40 490 8 1000 2000 30 520 9 1000 1000 20 540 10 1000 0 10 550After 10 monthly installments , the interest portion $550 is remaining. This may be repaid at a time. In case of huge loans, the interest amount is recovered in equal installments.The main difference between Loan and Advance : the interest component.2. Both Loan and Advance are to be repaid in installments for example: monthly installments of equal amounts.3. In case of Loan, interest is calculated ( Simple or Compound type interest) and the interest amount is recovered at the end.4. Example for Advance: Mr. X working in an organisation. He took $10,000 as advance to be repaid in 10 monthly installments. Monthly recovery from salary is $1,000 . After 10 months, hi repays entire amount .5. Example for Loan: Mr. Y took a Loan of $10,000 with a a simple interest rate of of 12% per year. Monthly installment is $1,000. Accrued Interest is calculated every month on balance principal amount. The recovery chart is as below.Installment Balance Interest Accrued interest 10000 0 1 1000 9000 100 100 2 1000 8000 90 190 3 1000 7000 80 270 4 1000 6000 70 340 5 1000 5000 60 400 6 1000 4000 50 450 7 1000 3000 40 490 8 1000 2000 30 520 9 1000 1000 20 540 10 1000 0 10 550After 10 monthly installments , the interest portion $550 is remaining. This may be repaid at a time. In case of huge loans, the interest amount is recovered in equal installments.The main difference between Loan and Advance : the interest component.2. Both Loan and Advance are to be repaid in installments for example: monthly installments of equal amounts.3. In case of Loan, interest is calculated ( Simple or Compound type interest) and the interest amount is recovered at the end.4. Example for Advance: Mr. X working in an organisation. He took $10,000 as advance to be repaid in 10 monthly installments. Monthly recovery from salary is $1,000 . After 10 months, hi repays entire amount .5. Example for Loan: Mr. Y took a Loan of $10,000 with a a simple interest rate of of 12% per year. Monthly installment is $1,000. Accrued Interest is calculated every month on balance principal amount. The recovery chart is as below.
What if collection agency won't accept payment that amount to 25 percent per month of the full debt?
By federal law and most collection agencies' policies, partial payments are not manditorily accpeted. Collection agencies are not required by law to accept anything less than payment in full. If the agency has refused 25% monthly of the full amount to be paid in full in four months, I reommend sending the payment with an explanation of this to the original creditor. Chances are your payment and arrangements will be accepted.
What is car loan interest rate of metrobank Philippines?
For 36 months, the add on rate is 14.05% and for 48 months its 18.92%. TO compute, LOANABLE AMOUNT (usually 80% of the price of brand new car ) multiply by 1.1405 and divide by 36 to get the monthly amortization for 3 years. For 48 months, 1.1892 multiply LOANABLE amount and then divide by 48 to get the monthly amortization for 4 years. EXAMPLE: P500K price of brand new car. Equity (Down payment): 20% of P500K = P100K LOANABLE AMOUNT: 80% of P500K = P400K 36 months LOAN: P400K 1.1405 = P456,200 (total for 36 months) Monthly amortization for 36 months: P12,672.22 (P456,200 divide by 36)
You owe a person money and offered it to them it in installments or the full amount in due time like 2 months but they refused the money but want to take you to court for the money can they do this?
hire a prostotute to posin them
A man has a loan which he promised to pay in 18 equal monthly installments of P600. What are monthly installments for 8 months 10 months 12 months and 15 months?
The question can be answered only for the loan with zero interest. The loan is then 10,800 (18 x 600) that could also be paid by 1350 a month for 8 months 1080 a month for 10 months 900 a month for 12 months 720 a month for 15 months In the case the loan is not interest free the problem cannot be solved, since there are two unknown variables: a principal amount (an amount borrowed) and an annual interest rate and only one equation. For instance if you borrow 10,000 with 10% annual interest rate, the loan will be paid off in 18 monthly installments of 600, which corresponds to the question. For the same principal (10,000) and annual interest rate (10%) the loan would have been paid off in: 8 month installments of 1297; 10 month installments of 1046; 12 month installments of 879; 15 month installments of 712. But you can still have the loan with other pairs of principal and interest rate with 18 monthly installments of 600. There is a suitable Excel formula PMT too. Monthly installments can be calculated by formula: Monthly installment = Principal x {rate + (rate / [(1+rate)months - 1]} where rate = (annual rate / 12), i.e. 10% => 0,1/12
Lavina wants to buy a rocking chair for 160 she will pay 10 percent down and pay the rest in six monthly installments what will be the amount of each monthly payment?
$16 no, 10% of 160= £16 160-16= 144 144/6 months = £24 per month for 6 months. :)
How will SSI pay you back 9000 they owe you?
My son (dependent child) was owed around that amount. They have given him 2 installments of around $1800 spaced six months apart and I was told that the remaining balance would be paid as the third installment..
If you buy a paddle boat for 840 with 20 percent and pay the rest in 6 months installments how much would that be?
$112. I just took this. This is the Right answer (:
How many months is a person required to pay installments on a product?
It depends on what the agreement between the merchant and customer agreed upon. Always avoid payments. Set $ aside in the bank until you can buy it outright. Otherwise your throwing $ away. Until the product is completeley paid for. It depends on how much that product cost when you are trying to determine how many months that you'll be paying for it. For example: you have a product that is $100 and you have to pay $10 a month on it. If you pay $10 a month then it will take you ten months to pay the full $100. $10 monthly installments multiplied by 10 months = $100.
Why do companies offer a cash discount?
because they get cash straight away, but have to wait for months+ to get the full amount paid in installments. Plus when you say your buying today you get it cheaper when you wave the 'cash amount' in their direction as opposed to going away and maybe buying it from someplace else, they want to close the sale. to attract more customers to purchase their goods, to get everything sold to bring in new stock in the organisation.
Susan wants to buy a paddle boat for 840 She will pay 20 percent down and pay the rest in six monthly installments What will be the amount of each monthly payment?
840 divided by 100 = 8.4 times that by 20 (percent) = 168. now 840-168=672. divide 672 by the six months and your answer is 112$
Can you give me an example of a sentence using the word installment meaning one of several parts?
Example sentence - I will pay the loan back to the bank in equal monthly installments over 60 months.
Can you give me sentence using the word ablactation?
Ablactation occurred suddenly when her son refused to breastfeed at 15 months.
Difference Bw Bank Overdraft And Bank Loan?
A loan is an agreement between us and the bank to repay a fixed amount of money over a duration (usually years) as equated monthly installments. An overdraft is similar to a loan but is slightly different. In case of overdraft you can withdraw cash to a certain limit more than your bank account balance. you can repay this amount within the next few days or weeks or months. for as long as you have used the overdraft amount, the bank would charge an interest. the moment you repay the whole amount you would be eligible to re-use the entire overdraft amount again.
What is the between loan and advance?
The main difference between Loan and Advance : the interest component.2. Both Loan and Advance are to be repaid in installments for example: monthly installments of equal amounts.3. In case of Loan, interest is calculated ( Simple or Compound type interest) and the interest amount is recovered at the end.4. Example for Advance: Mr. X working in an organisation. He took $10,000 as advance to be repaid in 10 monthly installments. Monthly recovery from salary is $1,000 . After 10 months, hi repays entire amount .5. Example for Loan: Mr. Y took a Loan of $10,000 with a a simple interest rate of of 12% per year. Monthly installment is $1,000. Accrued Interest is calculated every month on balance principal amount. The recovery chart is as below.Installment Balance Interest Accrued interest 10000 0 1 1000 9000 100 100 2 1000 8000 90 190 3 1000 7000 80 270 4 1000 6000 70 340 5 1000 5000 60 400 6 1000 4000 50 450 7 1000 3000 40 490 8 1000 2000 30 520 9 1000 1000 20 540 10 1000 0 10 550After 10 monthly installments , the interest portion $550 is remaining. This may be repaid at a time. In case of huge loans, the interest amount is recovered in equal installments.The main difference between Loan and Advance : the interest component.2. Both Loan and Advance are to be repaid in installments for example: monthly installments of equal amounts.3. In case of Loan, interest is calculated ( Simple or Compound type interest) and the interest amount is recovered at the end.4. Example for Advance: Mr. X working in an organisation. He took $10,000 as advance to be repaid in 10 monthly installments. Monthly recovery from salary is $1,000 . After 10 months, hi repays entire amount .5. Example for Loan: Mr. Y took a Loan of $10,000 with a a simple interest rate of of 12% per year. Monthly installment is $1,000. Accrued Interest is calculated every month on balance principal amount. The recovery chart is as below.Installment Balance Interest Accrued interest 10000 0 1 1000 9000 100 100 2 1000 8000 90 190 3 1000 7000 80 270 4 1000 6000 70 340 5 1000 5000 60 400 6 1000 4000 50 450 7 1000 3000 40 490 8 1000 2000 30 520 9 1000 1000 20 540 10 1000 0 10 550After 10 monthly installments , the interest portion $550 is remaining. This may be repaid at a time. In case of huge loans, the interest amount is recovered in equal installments.The main difference between Loan and Advance : the interest component.2. Both Loan and Advance are to be repaid in installments for example: monthly installments of equal amounts.3. In case of Loan, interest is calculated ( Simple or Compound type interest) and the interest amount is recovered at the end.4. Example for Advance: Mr. X working in an organisation. He took $10,000 as advance to be repaid in 10 monthly installments. Monthly recovery from salary is $1,000 . After 10 months, hi repays entire amount .5. Example for Loan: Mr. Y took a Loan of $10,000 with a a simple interest rate of of 12% per year. Monthly installment is $1,000. Accrued Interest is calculated every month on balance principal amount. The recovery chart is as below.
