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What else can I help you with?
If your name is not on the lease agreement and you stop making the payments will anything happen to you?
Depends on what state you are in and what you do with the car AFTER you stop paying the notes. Do you have a grand plan to get a free car?? Either pay the notes or turn the car in. Be a real friend and dont screw over someone. If your friend purchased the car, he probably used you as a reference. Once the payments are no longer being made, the finance company will search through all of the referenced to see if they have the car. It is best to finance your own vehicle and turn this vehicle in. If you continue to pay on this vehicle and eventually pay off the loan, you will never see the title because your friend fled. What's the point on paying for something that you will never have clear title to.
What is the risk to you if you co-sign for a friend's credit card and they are unable to make payments?
If you co-sign for a friend's credit card and they can't make payments, you are legally responsible for the debt. This can damage your credit score and financial stability.
How can I send recurring payments to friends?
You can send recurring payments to friends by setting up automatic transfers through your bank's online banking system or using a peer-to-peer payment app that offers this feature. Just enter your friend's information, the amount, and the frequency of the payments, and the system will handle the rest.
Are there any legal considerations to keep in mind when selling a car to a friend and allowing them to make payments?
Yes, there are legal considerations to keep in mind when selling a car to a friend and allowing them to make payments. It is important to have a written agreement outlining the terms of the sale, including the payment schedule, interest rate (if any), and consequences for missed payments. Additionally, you should transfer the title of the car only after the final payment has been made to protect yourself from any potential disputes or liabilities.
Recovering From Bad Credit?
One of the best ways to recover from bad credit after filing bankruptcy is to get a car loan and make the payments on time. Perhaps it is possible to get an auto finance loan while in Bankruptcy but, there are a couple of issues to note. The interest rate for an auto loan while in Bankruptcy will not be good. Bankruptcy Trustee approval is needed if you do finance a vehicle while re-paying a Bankruptcy. An alternative to traditional auto financing is to borrow money from a family member or friend. This will allow you to get the money needed for your next vehicle without the worry of finance fees or interest rates. It is important to know that this is a business transaction and a signed agreement will protect all parties involved.
Can your friend take on your finance?
no but i can
How do you get a finance company to finance your customers?
some are asking for their friend to invest with their company with interest.
A person has a car and cannot afford it anymore and wants his friend to have car and take over the payments. However his friend lives in a different state. What state does the insurance have to bein?
Which ever state the driver lives in. But more important, the friend needs to have the car titled in his name. I sell cars, and have for 15 years. I can't tell you how many times I've seen people's credit ruined by trusting someone else to make their payments. Guess who is responsible for late payments or a repo? Not to mention the friend being in a car accident and someone gets hurt. Get your friend to get his own finance company and sell the vehicle outright.
How much of the payments prior to repossession is allowed to go toward interest?
Get a hold of a lawyer, because I was told by my friend going through this situation, that His lawyer told him that NO debt once it has gone to repossesion (once that car has been resold), or collection beyond the finance company is allowed to still accrue late payments or interest.
How big is a MRI machine?
an MRI machine is as tall as your tallest friend and as fat as your fattest friend. none of the sites i went on had the actual dimensions.
If your name is not on the lease agreement and you stop making the payments will anything happen to you?
Depends on what state you are in and what you do with the car AFTER you stop paying the notes. Do you have a grand plan to get a free car?? Either pay the notes or turn the car in. Be a real friend and dont screw over someone. If your friend purchased the car, he probably used you as a reference. Once the payments are no longer being made, the finance company will search through all of the referenced to see if they have the car. It is best to finance your own vehicle and turn this vehicle in. If you continue to pay on this vehicle and eventually pay off the loan, you will never see the title because your friend fled. What's the point on paying for something that you will never have clear title to.
How should my friend start his essay on machine operator?
Your friend should start his essay on machine operator by saying what he is going to do when he is a machine operator.Or start it off by saying that he was looking for a job and he found one:being a machine operator.
If a you sign for a car for your friend and they don't make payments on it and its in your name can you sue your friend?
i am not sure and you need to call a lawyer
What is the risk to you if you co-sign for a friend's credit card and they are unable to make payments?
If you co-sign for a friend's credit card and they can't make payments, you are legally responsible for the debt. This can damage your credit score and financial stability.
Im storing a motorcylcle for an ex- friend that needs to be repossessed. Will the finance company pay for storage if i return it to them?
No the first thing you need to do is` answer one question- No your not ....maybe....holding it for her tell ....for what ever reason right?what year is the bike and make ,what is left on the payments? where are you to take a look at it??? let me now??
What source of finance did sainsbury's use to start their business?
Sorry friend i don't know
Can you repossess a car that is under your name from a friend who is always late on the payments?
Yes, it is your car.
