answersLogoWhite

0


Best Answer

When you owe money to another lender, you are a _____.

User Avatar

Jedediah Rutherford

Lvl 10
2y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: When you owe money to another lender you are a?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

When you owe money to another lender you are?

When you owe money to another lender, you are a _____.


When you owe money to another lender you are a .?

When you owe money to another lender, you are a _____.


Can you get a loan if you owe another lender?

can I get a loan if I owe another lendor/


If the lender has written the car off and not repossessed it do you owe them money?

YES Yes, you owe them money or yes they owe me the title if it has been written off? Thanks for your help.


Can the lender collect the rest of the money you owe on a car that they repossessed?

In most cases, YES


What if sell the car but owe on it?

If you owe money on the car you cannot legally sell it without the lender signing a release form removing the lien on the vehicle. The lender actually owns the car, not you. Once you make the last payment the cars is yours.


Would you be able to go through a debt consolidator to pay off what you owe on a voluntarily repossessed car?

IF the Lender agrees to it, yes. IF it gets the lender money, they will likely agree.


Can you sell a car that you still owe money on if the buyer takes over payments?

Yes, if the lender approves of the transfer of the loan.


Can you get a lawyer if you owe another lawyer money?

Absolutely. Attorneys are not biased because you may owe another money. Now the attorney whom you owe money too may refuse to represent you until all monies are paid and you place a retainer.


What is Interest is?

Interest means that you borrow money, and you owe it back with a little bit extra. e.g. you owe someone £10. After a month you give that money back. But for having let you borrow it, you might now owe £10 with 2 pounds (interest) added.


What is a creditors?

Elegit....check it out on dictionary.com


If car is impounded than auctioned do you still owe your lender and if so how should they be approached if still demanding full loan amount?

if you auction the car off and it sells for less you owe the lender you must pay the differenceif it sells for more then you owe the lender nothing