Deferment
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When you asked for a missed payment to be added to the end of the loan, it's called a Forbearance.
You can get a lump sum of money from an investor when you have a regular payment of some amount coming in from real estate or a trust. You get a cash note and that gives you enough to make a larger purchase, like a car, although you won't make as much as you would if you continued to receive the regular payment over time.
If you are late on your loan payment and are a cosigner on your daughters car can they repposses the car?
IF you have a big enough down payment and a co-signor, most BHPH(note lots) will finance anyone.
can a warrant be issued for non payment of car note
A car note is a car payment...paying a portion of money you and the dealer agreed on the car you bought.
If you signed a promissory note and the person decided not to sell you the car, you do not have tobpaybthe down payment. The person has already voided the promissory note by not selling to you.
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Because in former times, your auto loan came with a payment booklet and in the booklet was a series of "notes", which were slips of paper that contained pertinent information about your auto loan that aided in the recording of said payment, that you sent in with your check for your loan payment. A similar term for a loan is a "promissory note" which is a signed debt or IOU.
The old man had to pay a payment on his car.
When you asked for a missed payment to be added to the end of the loan, it's called a Forbearance.
I wanted payment for services I provided. When you owe a company money, they can demand payment. My car payment arrived on time.
Pay someone else's note while the car is in their name. Disaster in the works. Get your own financing.
Yes, the lender will want a large enough down payment in order to hold the note.
Idle.
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