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What else can I help you with?
What do you do if you had no insurance on a financed car and it was stolen?
Keep making payments on a car you don't have and learn your lesson about not letting your insurance lapse.
If my car is financed and i have insurance money coming can they take the money?
There is not enough information to make that determination. You have insurance money coming from what? Are you late on your loan payments? Do you have comprehensive and collision coverage? Please provide as much information as possible.
Where should I get homeowner insurance?
The best financial plan for homeowners insurance is to have this financed into the terms of the initial loan. This makes the payments easy to keep track of because you can stop worrying about a large payment being due at the wrong time of the year.
Who is responsible for the insurance if a car is financed in your name but your sister is making the payments and driving it?
If the car is in your name then you are responsible for everything. If she wrecks it and is at fault, the person that she hits is going to go after you because the car is in your name. But she is the one that needs to be paying for the car insurance. call a insurance company they will help you,
Does my mortgage cover my insurance payments?
No, your mortgage typically does not cover your insurance payments. Insurance payments are separate from your mortgage and are usually paid directly by you to the insurance company.
My husband died a month ago and i dont know what to do with the car' s monthly payments it was only on his name?
I imagine that the car is now legally your responsibility. If you stop making payments, the bank that financed its purchase may try to take the car back, and your credit rating might be damaged.
How does having insurance affect my credit score and can having insurance help build credit?
Having insurance does not directly impact your credit score. However, maintaining insurance coverage and making timely payments can demonstrate financial responsibility, which can indirectly benefit your credit score. Having insurance alone does not directly help build credit, but responsible management of insurance payments can contribute positively to your overall financial profile.
If you sign your name on a piece of paper giving permission to use you as a reference are liable for any missed payments?
No. If the form was a reference form, you have not agreed to any financial responsibility. A co-signer typically has to sign the Loan Agreement.
When a car on a loan through the bank or dealership is called?
When a car is financed through a loan from a bank or dealership, it is referred to as a "financed vehicle" or "loaned vehicle." The lender holds a lien on the car until the loan is fully paid off, meaning they have a legal claim to the vehicle if payments are not made. During this time, the borrower is typically required to maintain insurance and make regular payments as agreed in the loan contract.
What companies offer life insurance that covers an accident?
The AAA life insurance offers insurance that will cover an accident, whether it be in the UK or when travelling. This means that when an accident happens, the AAA will take all responsibility and help through the payments etc.
What is debt-protection insurance?
Debt protection insurance is often sold in conjunction with a major purchased that is financed by the buyer. An example would be a car loan. The insurance covers contingencies such as death or disability resulting in the borrower's (the insured's) inability to make the scheduled payments on the loan. The creditor is the loss payee. Mprmally, the premium for the insurance is incorporated into the loan.
If a car is financed through a used car dealership do you have to have full coverage insurance?
If the dealer doesn't require it, probably not, but you have to decide if you want to take the chance of continuing to make payments on a car that you can't use after an accident.
