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If you are making that kind of money just hire a car and driver.
You have to be eighteen to legally enter in to a contract.
what is this 16 year old doing to make so much money????? and no you need to be 18
The answer is no? but if he is making that much money then he does not need a loan he can just buy a car.
I think he means "8 $ " not "8K"
What else can I help you with?
What is a car loan payment calculation?
The easy-to-use auto loan calculator helps car buyers plan monthly car loan payments. Calculate car financing and car payments in advance to make a smart decision on how much you might owe each month.
Ron took out interest free car loan for 10950.00 1st month he paid regular payment 2nd month he pay 150.00 toward his payment each month if he paid loan off in 10 months how much was his regular?
467
What factors should I consider when assuming a car loan from someone else?
When assuming a car loan from someone else, consider factors such as the interest rate on the loan, the remaining balance, the condition of the car, the terms of the loan agreement, and the financial stability of the person you are assuming the loan from. It is important to carefully review all details of the loan before making a decision.
Will it affect your car loan if you go bankruptcy?
Yes, filing for bankruptcy can affect your car loan. If you include the car loan in your bankruptcy filing, you may have to surrender the vehicle or negotiate a reaffirmation agreement to keep it. Additionally, bankruptcy can negatively impact your credit score, making it harder to obtain future loans. However, not including the car loan in bankruptcy may allow you to retain the vehicle, provided you continue making payments.
In a repossession do you have to pay off the entire car right then or just keep making your loan payments monthly for the duration of the loan?
It would depend on the contract you signed when you purchased the car.
How often will a lender of a car loan check your credit report if all payments are made on each month?
While you are meeting the terms of the loan contract and making all the payments required on time, the lender will not see that there is any problem with your loan.
What are the benefits of car loan calculators?
The benefits of a car loan calculator are that they help you have a clear view of the cost per month and the down payment required to purchase a car.
What factors come into play when making a car loan payment calculation?
Paying a car loan payment is an important thing to do each month. There are many factors to consider when calculating your monthly payment. You should consider how fast you wish to pay off your loan and the rate of interest you must pay if you extend your loan over a number of years.
Will a car amortization calculator tell me how much a car loan will cost per month?
You can find a a car amortization calculator at www.bankrate.com/calculators/auto/auto-loan-calculator.aspx.
Sherri has a gross monthly salary of 4700 She has a 425 car loan payment and a 330 student loan payment due each month She also has two credit card loan payments each month one of 127 and the?
Sherri has a gross monthly salary of 4700 She has a 425 car loan payment and a 330 student loan payment due each month She also has two credit card loan payments each month one of 127 and the other is 527.
What is the average interest rate on a vehicle title loan?
Bankrate.com list the average 36 month car loan at 6.44%
What is a car loan payment calculation?
The easy-to-use auto loan calculator helps car buyers plan monthly car loan payments. Calculate car financing and car payments in advance to make a smart decision on how much you might owe each month.
What is the average current auto loan rate?
Auto loan rates vary depending on how long one takes to pay off the car and whether it is new or used. For a 60-month new car, the interest rate is 4.1%. For a 48-month new car, the interest rate is 4.02%. For a 36-month used car, the interest rate is 4.69%.
How do you get out of a car loan?
You must know that it is legal obligation to pay off a car loan. To get out of a car loan, make regular payments. If doing so is becoming difficult for you, then you can sell your car and pay off your loan. Here, there would be problem if you have upside down loan. If your higher monthly payments are making things difficult for you, you can refinance your car.
Can your loan company repossess your car if you are in arrears but are making payments?
Yes.
Is it common to take out a 60 month car loan?
Yes it is common. The concept behind a 60 month auto loan is a very simple one: a person has sixty months or five years to pay off the auto loan. This means that a borrower has to make 60 payments before they get title to the car. Under a normal loan arrangement, the lender keeps the title to the car. This enables the lender to repossess or take back the car if the payments are not made.
How can you take over car payments without transferring the car loan to your name?
Write a check to the finance company every month
