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Depends on the specific agreement you made with that particular lender. Read your paperwork. It will be sever, but it is what YOU agreed to.
The other thing is writing bounced checks is a criminal act...which if they seek to have you charged is a penalty too.
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∙ 15y ago
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Are there penalties for prepaying a bad credit auto loan?
There are no penalties for prepaying a bad credit auto loan. It is beneficial to pay off the loan sooner or on time.
What is a same day payday loan?
A same day pay day loan is a loan that you pay back on your next pay day. Its usually not more than what you would make on the next payday either. 'Same day' means that the person can get the loan approved and cash at hand on the same day they apply.
How can one obtain a National Pay Day loan?
One can obtain a National Pay Day loan from the company National Pay Day. They have loan information that describes the types of loans they dispense on their own website.
What does the term pay day loan mean?
A pay day loan is a short term loan that you can take out but which must be paid back on your next pay day. It is a very expensive way to borrow money as the fees on this type of loan are very high.
Where can I apply for a fast easy loan?
You can visit a pay day loan store locally, or a site like paydayloans.com for pay day loans. Just be aware that pay day loans can be expensive.
Can you get a payday loan with a prepaid visa card?
If you have a prepaid visa card with money in it, you certainly shouldn't need a pay day loan. Most pay day loan arrangements require a person to write a personal check. The pay day loan place cashes the check on your payday.
How do you pay back the payday loan?
To pay back the payday loan, you will need to have a job that allows you to make payments. It is a good idea to pay it off as quickly as possible because many loans have high interest rates or penalties for late payments.
What are the names of some of the popular Payday Loan companies?
There are several loan companies that offer a payday type of loan. For example, Wonga, Pay Day UK and Pay Day Ninja are all offering a payday loan service.
Where can one obtain a pay day loan?
One can obtain a pay day loan from a local bank. One can also obtain a pay day loans from websites like Money Mart, Ace Cash Express, Pay Day One and many more.
If one needs cash which are the most popular pay day loan companies?
If one needs money, one can search for popular pay day loan companies like Pay Day Loan Service, Kreditech, Investopedia, Ijpe Online or Pioneer Military Loans.
Can you still get a pay day loan if you are unemployed?
YES
Can you be sued by a finance company once you have defaulted on a car loan?
Yes, if the vehicle is repossessed and there is a deficit between the sale and the loan balance, (including fees and penalties)and the borrower cannot pay what is owed.
