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Usually, Insurance Companies gives its insurers an extra of 10-15 days to if they neglect to pay the premium before the due date. Further, if you even delay it further, then you may loose your insurance. You can resurrect it by paying a large amount to the insurance companies.
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Can a credit card company charge over limit late fee and interest rates on a cancelled card?
Yes they can ! So long as there is an outstanding balance - even if the card has been cancelled - you are required to make the payments the company asks for on or before the date they're due. If you fail to make the payments in due time, they are entitled to charge a late fee and/or interest !
If you cosign for a car does your credit rating improve?
Your credit rating will improve if the party that you have co-signed for makes prompt payments. If they fail to do this, you are on the hook for the payments and late fees that they may incur. Only co-sign for someone that you are sure will make the payments.
Can a cosigner help your credit?
from what i know when you sign on a cosigner you hand your item to them so if you make good payments it builds their credit if you fail to make payments it hurts their credit but it is a good way to start.
If you fail to pay credit card payments on time how long will the missed payments be reported on your credit report?
Seven years. However, they will have less effect as time goes by. For example, late payments over a year old do not harm your credit as much as late payments from last month. Late payments over 2 years old are generally ignored.
What does secure a loan with a mortgage mean?
It means if you fail to keep up the payments of the loan then your home will be sold to clear the loan and you'll be out on the streets.
What happens if you fail a job drug test?
As a result of failing a job required drug test, you will not receive the job position.
Can a vehicle be impounded or forfeited?
Yes, it can if you fail to pay the legal fees or fail to make your monthly payments on a loan.
Can a state take your assets if you fail to pay for your child's college expenses and you are unemployed?
I know in Washington this is required, but I've never heard what happens if he can't.
Does a co-signer have the right to take the car if you are behind on payments?
When you fail to make payments, they go after the co-signer. It can affect his credit. If he makes the payments he can take the car. You wouldn't want to make payments for someone else's car.
What happens when you die in sat?
You fail!
What happens when your car runs out of miles?
Then you fail
What happens when 1 of the skeletal muscle functions fail?
They would all fail, they work together.
When does your car get reposessed?
When you fail to make the car payments. Usually the bank or financial institute that holds the lien will give you fair warning for payment and then they will tow the car if no payments are made.
What happens when the paper plane is long?
What happens is you epic FAIL at making paper planes.
What happens when oil fail?
it blows up and you will die!
What is happens to soil after trees are felled?
You fail at English
What happens if you don't come to school?
you will fail the grade that you are in
