0
If your loan is transfered to a different lender do you have to pay that month?
Wiki User
∙ 16y ago
In most cases, you should continue paying your loan payments to your current lender of record until you have been formally notified as to how and when to pay the new lender. If you skip any payments, you run the risk of incurring additional interest and payment penalties. When in doubt, contact your old and new lenders to confirm the payment switchover.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
How soon can you get a home loan after you have had a foreclosure?
Each lender is different. Contact the lender of your choice for that lender's policy.
What is loan boarding?
when a loan is been transfered fron bank to another. . .the bank which the loan is transfered to board the loan. .
If you are in Foreclosure with a Sheriff sale pending can the lender transfer your loan to a different lender?
In Texas they can.
When getting a lending company to loan some money, how hard is it to convince them to give a little more?
Every lender has different criteria. If you are not satisfied with the loan offer apply at a different lender.
How often will a lender of a car loan check your credit report if all payments are made on each month?
While you are meeting the terms of the loan contract and making all the payments required on time, the lender will not see that there is any problem with your loan.
If you cosign a 72 month car loan can you get your name removed from the loan if the primary makes on-time payments for 48 months?
Frank, that will be up to the LENDER. If you approach them right it might be possible. It will help if the debtor has NOT messed up their credit in the 48 month period. Call the lender and ask.
Can a payday lender sue you if you were not approved for the loan?
No. If you were not approved for the loan, no loan was made and therefore you don't have any responsibility to the lender.
What is a private loan lender?
A private loan lender is a lender that is acting on behalf of a privately owned organization or business, as opposed to a government regulated or non profit lender.
Can you pay off your auto loan to the lender?
Yes when you pay off your auto loan the payment should be made to the lender. In fact all auto loan payments should be made to the lender who financed the loan.
What are some items needed when going to apply at a commercial loan lender?
Some items that are needed when going to apply at a commercial loan lender are your loan application, and a resume. These items are essential when applying at a commercial loan lender.
Where is the best place for a secured loan?
A secured loan is a loan where you will be required to use your property as security against the loan, so the lender is able to balance the risk of lending to you. The amount that can be borrowed differs from lender to lender and your individual circumstances.
Where can I find a Private lender for business loan?
HERE IS A REGISTERED LOAN LENDER.......CYNAMONLOANS, YOU CAN REACH THEM ON CYNAMONANGEL1@YAHOO.COM.
