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You purchase a car making a down payment of 3000 and 6 monthly payments of 225 How much have you paid so far for the car?
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∙ 14y ago
$4350
Wiki User
∙ 14y ago
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If you purchase a car for making a down payment of 3000 and 6 monthly payments of 255 How much have you paid so far for the car?
Uhh $4530
Reduce Costs On Mortgage Payments?
Mortgage payments are typically paid monthly, making 12 payments per year. However, if one extra payment is made each year, thousands could be saved in interest alone and the loan repayment period shortened by years. One easy way to accomplish this is by changing the frequency of payments. Instead of making one payment a month, pay half the monthly amount every two weeks. Another option is to pay a small additional amount over the monthly payment every month that equals approximately 1/12th of the monthly payment. By the end of 12 months, an extra payment will be completed.
Lower Your Payments?
Most banks and car dealer websites have an auto refinancing calculator that customers can use to recalculate their monthly payments. If you have been making more than the required monthly payment, you can most likely get your monthly payment lowered. The interest may be the same or a bit lower if you have been on time with your payments. Be sure to enter all of the information into the calculator correctly so that you have the most accurate payment information.
Can a creditor place a lien on your property if you and he have agreed to a monthly payment schedule and you are making the payments?
Yes, if you have agreed that the house will be used for collateral.
How does one purchase debt insurance?
You can purchase a debt insurance policy if you're worried that an unanticipated circumstance may prevent you from making your monthly loan payments. You can purchase debt insurance from a bank.
Can a mechanic put a mechanics lien on your car as long as you are making monthly payments of some kind?
If you fail to pay the mechanic for services then they can put a lien on your car and this has nothing to do with you making the monthly payments on time.
I have been paying on a lay-a-way purchase and have been making monthly installments for 7 months. Had to stop making payments as husband lost job. Can I get my money back?
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Can you be sent to collections if you make a payment every month?
You should not be sent to collections if you are making monthly payments. Some companies have their own "polocies" on how much your payment needs to be in order to keep from collections but the law says that you can pay what ever you want as long as you don't sign a payment contract.
What are the six modern methods of making payment through the banking system?
Six methods of making payments through the banking system are electronic check, paper check, credit cards, debit cards, transfer funds from one account to another, bill pay (regular monthly payments to utilities, etc.). Many of these options for payment also come with fees the banks charge.
How come a monthly statement is not sent by the collection agency when making monthly payments?
Because they don't. It is a lot of agency's policies.
One Of The Most Important Numbers?
Your credit report is one of the most important numbers you will have in your life. You can call one of the credit reporting agencies to have them send you your credit score. When you buy a car or a home your credit score will be used to determine the down payment and the monthly payments. It can also determine if you even get the house or car you wish to purchase. You can improve your credit score by making payments on time.
Can making a large payment towards your principle lower your car payments?
Yes.
