0
What involved paying for an item over time with a series of small payments?
Wiki User
∙ 8y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Paying for an item over a period of time with series of small payments?
Installment buying
What is meant by amortisation?
Paying for something really expensive with many small payments over a period of time.
What is a loan schedule made up of a series of small periodic payments and a larger lump sum due upon maturity?
balloon
How does one start the process of college loan refinancing?
You can start the process of college loan refianancing by paying off the amount you were loaned in small payments plus the interest when you graduate or if you leave the school.
Is it better to finance an auto purchase with a small down payment and high monthly payments or high down payment and small monthly payments?
It is better to finance an auto purchase with a high down-payment and a low monthly payment, because it is less likely for you to fall behind on your payments and acquire debt.
Paying for an item over a period of time with series of small payments?
Installment buying
What is meant by amortisation?
Paying for something really expensive with many small payments over a period of time.
How do you find log of number?
You use a scientific calculator, or a logarithm table. The actual calculations are rather involved, and include adding up an infinite converging series. Eventually the terms of the series become small enough so that you can ignore them, but it is still too involved to do it on a regular basis.You use a scientific calculator, or a logarithm table. The actual calculations are rather involved, and include adding up an infinite converging series. Eventually the terms of the series become small enough so that you can ignore them, but it is still too involved to do it on a regular basis.You use a scientific calculator, or a logarithm table. The actual calculations are rather involved, and include adding up an infinite converging series. Eventually the terms of the series become small enough so that you can ignore them, but it is still too involved to do it on a regular basis.You use a scientific calculator, or a logarithm table. The actual calculations are rather involved, and include adding up an infinite converging series. Eventually the terms of the series become small enough so that you can ignore them, but it is still too involved to do it on a regular basis.
Where can you get help paying utilities?
Most utility companies have some type of payment assistance program, allowing you to spread out payments or to even defer payments with a small interest payment until you are in a better position to pay your bill in the future.
What is a loan schedule made up of a series of small periodic payments and a larger lump sum due upon maturity?
balloon
How does one start the process of college loan refinancing?
You can start the process of college loan refianancing by paying off the amount you were loaned in small payments plus the interest when you graduate or if you leave the school.
How to Pay Off Your Car Loan Early?
The earliest way to pay off your car loan early is to pay a little above your monthly payment each and every month. The majority of your monthly payment, especially during the early months, goes toward paying interest and financing fees. Even paying a small amount extra can be the equivalent of making two payments that month. Additionally, these small payments add up over time. Paying an extra 10% each month means that in less than one year, you will have already shaved off one monthly payment.
What caused it to be a world war and not a series of small wars?
Because a large number of countries were involved - not just the main, well - known combatants.
How do I pay off debts quickly?
You can start by paying off small debts then working your way to the bigger debts. You can use the money from paid off debts to double payments on bigger debts instead of blowing that money.
Can an account be sent to collections if you are making monthly payments?
If the payments are not suitable in size to the creditor, then yes. This commonly happens with medical bills. Hospitals and clinics are not required to extend the courtesy of credit to anyone. Payment in full tends to be the policy. If you owe thousands and are only paying a small amount (like 50 every month) they will send it to collections.
Can a hospital deny small payments for medical bills?
No, they have to accept it.
Can my power company shut off my power if I am paying on the bill each month?
Usually you must be several months behind on payments before they can shut off power. You could potentially get several months behind while "paying on the bill each month" if those payments were so small (e.g. $1 per month) as to have no practical effect on the accumulating balance due, but this might be a judgment call and talking to them about reasons you can't pay more at this time and how to get assistance would help prevent disconnection. However you made no comment on the size of the payments you are making, so I don't know if this is your case.
