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Q: What is a guaranteed payment?
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What is a personal check for which a bank is guaranteed payment is called?

cashiers or bank check!


Who should I consult to set up an annuity payment?

There are plenty of companies that sell annuities, e.g. https://www.jackson.com/Index.jsp . Once you make the payment and it matures, you can get a guaranteed monthly payment for life.


What are the sources of reservation?

There different sources of reservation in the hotel industry. The main types include guaranteed reservation and non guaranteed reservation with the main source being the mode of payment.


Can a date for PayPal payment be changed?

Yes, if you negotiate with the seller and they agree to it. It's not a guaranteed thing, though.


Difference between pay order and cheque?

A pay order, is a banker's or cashier's cheque. It is guaranteed to be paid by the bank and is the preferred method of payment for larger purchases such as cars and homes. A cheque is written directly on a customer's account and is not guaranteed by the bank.


What happens when a car payment go into default for the cosigner?

The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.


Why do it have to affect the co-signer when its your debt?

Because the cosigner guaranteed the to pay the loan if you do not. You fail to make a payment and the lender will be looking at the cosigner for the payment. You not only have an obligation to the lender who lent you the money but to the cosigner who also signed his name to the loan agreement.


What are the types of reservations?

There are 2 types of hotel reservations. Under the heading guaranteed reservation you have guaranteed reservation, prepayment guaranteed reservation, credit/debit card guaranteed reservation, advance deposit guaranteed reservation, travel agent guaranteed reservations, corporate guaranteed and voucher and under the heading non- guaranteed reservation you have non- guaranteed reservation.


How is reverse mortgage payment determined?

There is no payment due to the lender, so that part is easy. The borrower may choose to receive a monthly payment, or can get their reverse mortgage funds upfront or in the form of a line of credit. In cases where a monthly payment is chosen, the lender sets up the payment amount in a similar fashion to an annuity. choices must be made on the length of term the payments will keep coming, one option is to get a guaranteed payment as long as you are alive. A reverse mortgage consultant can get you specifics on your options.


Where can one receive a guaranteed auto loan?

Guaranteed auto loans are loans which are available to people who have bad or no credit. Guaranteed auto loans are widely available, but they come at a price - high interest rates and short terms. That means that over the course of the loan, you are being penalized by having to pay it back with a greater amount of interest than auto loans that are not guaranteed. Additionally - the collateral used is your car, so if you miss a payment, they take away your vehicle.


If Deceased spouse estate doesnt have enough money to pay the medical bill?

Depending on the State and if the spouse, or other family member, guaranteed payment they may end up with the bill.


Are auto loans negotiatable?

Yes you can, You may go for : - Online loan lender with guaranteed approval - Car finance with large down payment You can try your best to negotiate for better rate.