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What else can I help you with?
What are the principal fees associated with this loan?
The main fees for this loan include origination fees, interest charges, and possibly late payment fees.
Is it legal for the finance company to repossess your car for late fees even though the loan is paid in full?
Yes, the loan is not paid in full if there are unpaid lates fees
What are the total fees and charges associated with obtaining a personal loan?
The total fees and charges associated with obtaining a personal loan include interest rates, origination fees, late payment fees, and prepayment penalties. It is important to carefully review and understand all the fees before agreeing to a personal loan.
What are the interest and fees associated with loans?
Interest is the cost of borrowing money, usually expressed as a percentage of the loan amount. Fees are additional charges that lenders may impose for processing the loan, such as origination fees or late payment fees.
Can a mortgagee include late charges on loan modification?
No because a loan modification is set in place to give the client a fresh start. The client should waive all the late fees that he/she had before the loan modification.
What are the principal fees associated with this loan?
The main fees for this loan include origination fees, interest charges, and possibly late payment fees.
Can a car be repossessed for late fees only?
Once you are late by a single day you are in violation of your loan agreement which means you can be repoed.Until you bring your loan completely current....late fees and all you are in danger of being repoed.Read your loan agreement.
What legal action can be taken with a defaulted payday loan?
The lender can sue for the amount of the loan (including interest and late fees), and any legal fees (such as court filing fees and attorney's fees). They COULD garnish wages and repo any collateral used to "get" the loan.
The subprime lender wrote off late fees after loan was paid the vehicle in still in our possession are we still able get the lien removed?
You will need to get a written lien release from the lender.
Is it legal for the finance company to repossess your car for late fees even though the loan is paid in full?
Yes, the loan is not paid in full if there are unpaid lates fees
What are the total fees and charges associated with obtaining a personal loan?
The total fees and charges associated with obtaining a personal loan include interest rates, origination fees, late payment fees, and prepayment penalties. It is important to carefully review and understand all the fees before agreeing to a personal loan.
What are the interest and fees associated with loans?
Interest is the cost of borrowing money, usually expressed as a percentage of the loan amount. Fees are additional charges that lenders may impose for processing the loan, such as origination fees or late payment fees.
If you have paid off your loan but you now owe some late fees can the title be held to your car?
If you have unpaid late fees that have accrued, your loan is not paid off. This is why the lender will not release the title. Additionally, if the amount remains unpaid, no matter how small, the lender can put your vehicle up for repossession. It would be sad to lose your car for as little as $100 dollars or less.
If your car is reposessed are you liable for the rest of the balance?
Once the vehicle is auctioned off and sold there is usually a remaining balance left to pay. You will start receiving collection notices about the remaining balance. This is when you will want to prepare yourself to negotiate a settlement.
Can a auto loan company hold your title for unpaid late fees?
Yes, you will not receive your title until all fees are paid on the loan. I know for a fact because I am in the same situation.
If you are late on a auto loan can you still trade that vehicle in?
Late payments will be deducted from trade-in value
Can a mortgagee include late charges on loan modification?
No because a loan modification is set in place to give the client a fresh start. The client should waive all the late fees that he/she had before the loan modification.
