answersLogoWhite

0

What is a pay off loan?

User Avatar

Anonymous

14y ago
Updated: 8/18/2019

I'm not sure I know what a pay off loan is....... but I do know what it is to pay off a loan.

Could mean pay your loan off.

or

Pay the principle balance in full. They will usually deduct some of the finance charge if the loan is paid off early.

Commonly found in:

*charged off accounts

*repossession accounts

*complete loss accounts paid off by insurances

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

How do you get ex boyfriends name off joint auto loan?

You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.


How do you remove a co signer from a home loan?

You must pay off the loan.You must pay off the loan.You must pay off the loan.You must pay off the loan.


Can you use loan money to pay off another loan?

Yes, you can use a loan to pay off another loan. This is known as debt consolidation.


Can you pay off a auto loan early?

Yes you can pay off an loan as early as you'd like.


How can you remove the cosigner from a mortgage?

You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.


How long will it take to pay off my loan if I pay extra?

The time it takes to pay off your loan will be shorter if you make extra payments.


In order to pay off a personal loan early can i just pay off the remaining principle loan or do i have to pay the interest too?

Depends on the terms of the loan. Most will let you pay the principal off early, some will not. Read the loan agreement. Look for the term "prepayment".


How does it affect your credit if you pay a personal loan off early?

It doesn't hurt your credit to pay off a loan early.


What is the pay-off on your loan?

It's the amount you need to pay to close your loan, usually before the term of the loan is complete.


Who pays student loan?

Students must pay the loan. As for how, the best way to start off is to get a job or any form of service that will help you pay it off. It's best to know what you can and can't pay so that you will be ready to pay off the student loan.


What is a pay loan?

I'm not sure I know what a pay off loan is....... but I do know what it is to pay off a loan.Could mean pay your loan off.orPay the principle balance in full. They will usually deduct some of the finance charge if the loan is paid off early.Commonly found in:*charged off accounts*repossession accounts*complete loss accounts paid off by insurances


If your ex was court-directed to pay off your home-equity loan in the divorce can you sell the house without using your own equity to pay off the loan if he cannot refinance or pay in a lump sum?

Since the house was used as collatoral for the loan you would have to use your equity in the house to pay off the loan.