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Have the financier send you a letter stating that you have fufilled your payment obligations and as a result you are absolved of any debt to said company.

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16y ago

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How can you lower loan payment for car?

You can lower your loan payment by refinancing your car loan. You can also negotiate with your current lender and see if he can reduce your payment amount.


If you are late on your loan payment and are a cosigner on your daughters car can they repposses the car?

If you are late on your loan payment and are a cosigner on your daughters car can they repposses the car?


When is a car loan in default?

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Yes, there are examples of car loan payment calculators online. One online place to find a car loan payment calulator is Bank Rate. This will allow you to see you estimated monthly payments.


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You can trade in a car with no down payment by negotiating with the dealership to roll the value of your current car into the new loan. This may result in a higher monthly payment or longer loan term.


Do the car loan payment calculators calculate interest of the car?

Yes, car loan payment calculators should calculate interest of the car loan. They will most likely ask you to enter the interest rate, so they can include interests in their calculations.


Does the car down payment go towards the principal of the loan?

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Then you are responsible for the payment if she misses a payment.


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Why a bank will repo a car?

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