0
It will depend on the original terms of the loan. But you need a lawyer to advise you regarding your options.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
If bought a new car a few days ago with a car loan and now you have to leave the country what can you do to get out of the loan?
CALL the lender. they are the ones who can let you "come out" of the loan.
If you transfer schools what happens to the other part of your student loan?
From my understanding, if you transfer schools you have to let your lender know what you are planning on doing. If you do not register for classes at the school where the loan is placed, the loan money will not be sent. But you have to make sure you tell the lender about this.
If you are a cosigner on a loan will a loan company repossess the vehicle then let you pay it off and take possession without ruining your credit?
Contact the lender and let them knoiw that if ANY case the debtor defaults to notify you so you can payoff the loan. Add that you will payoff after repo with NO repo reported on YOUR credit.
What should you do if you are unemployed can not make your loan payments?
Contact the lender and let them know the circumstances and your intentions. At least you won't be on record as being uncooperative.
What will happen if you have a loan from Lendmark Financial and have gotten into a bind can not pay it bak?
It depends on whether the lender is willing to let you make arrangements or work with you. If the loan is secured, the lender can repossess the item(s) that are securing it, sell the item(s), and you will owe the difference in what you owe and what they got for then. The best thing to do is to talk to the lender and explain your circumstances. They are more willing to work with someone who is upfront with them.
How can you have someone removed from a car loan?
A lender will not let one person just "drop off" a loan. They like the fact that they have 2 people who are equally responsible for paying, in case something goes wrong. Usually the only way to do this is to refinance the vehicle. This can be done either with the same lender or another lender. Find out what car dealers don't want you to know at www.dealertricks.com
Where can a student take out a private loan?
Students can take out their private loans from Collage Scholarships. The company hopes to be able to let students deduct private loans to pay for collage.
If you voluntarily let your car be repossessed by the lender do you still have to pay on the loan?
Yes! It will still be listed on your credit report as a voluntary return and you will still be responsible for the cost
You have one day before your car is repossessed is there any payment options?
Call the lender, and make some kind of arrangements. Do not let your car get repossessed. You will be responsible for the balance on the loan. no
When you have money left over after all expenses and you want to apply it to your loan should you send it back to the financial institution or put it into savings and apply it when the loan is due?
It depends on what your lender will allow you to do. Some will let you return the money, some will not. If they allow it, return it. If they do not, put it in a savings account and let it earn interest.
I received an estimate from a lender on the equity loan I applied to done that mean I am approve for a equity home loan. I have been waiting 49 days with no answer that I was approved?
An estimate is not the same as an approval. It is possible the lender does not know you are still interested. When borrowing money from a bank, I would not let a week go by without a phone call to see how it is coming. Give them a call.
What instant cash advance have good rates?
Let's say you want to borrow $100 for two week. Lender can charge you $15 for borrowing $100 for two weeks. You will need to return $115 to the lender at the end of 2 weeks. The cost of the $100 loan is a $15 finance charge and an annual percentage rate of 391 percent. If you decide to roll over the loan for another two weeks, lender can charge you another $15. If you roll-over the loan three times, the finance charge would climb to $60 to borrow the $100.
