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Can the bank charge interest after the cards has been cancelled?

No. A Card can/will be canceled only when there are no dues against the card and hence charging interest after the card is canceled cannot be done.


Can I settle my credit card without paying late payment and interest?

Yes you can. If you have the funds available, you can pay off the whole balance before the 'dues date' - and accrue no interest or charges.


What does collateral mean in personal finance?

Security for a loan so the loan is secured by property, vs unsecured-more risky for creditor. Whenever, any borrower intends to raise a loan, or financial advances, either from the Creditor, or from the Banks, any prudent Creditor would like to secure the interest. It is, therefore, that the Creditor would ask to mortgage the property in exchange of financial advances being granted, or sanctioned. The Borrower, therefore, offers the property by way of "equitable mortgage" so as to secure the interest of the creditor. The very process is called the mortgage. And the property that is being mortgage is called the "collateral security". In case, the Borrower does not repay the debt due and payable, including cost, charges and interest, the secured creditor would be legally entitled to auction the property or sale away and recover the dues. The public sector banks recover the dues by auctioning the property that is equitably mortgaged.


What is the difference between dues and subscriptions vs software?

Dues and subscriptions are recurring payments for membership or access to a service, while software is a program that runs on a computer or device to perform specific tasks.


Can Union dues be taken out of your 401k?

No, union dues cannot be taken directly from your 401(k) account. 401(k) plans are intended for retirement savings, and contributions or withdrawals from these accounts are generally restricted. However, you may use other means, such as direct payroll deductions from your salary, to pay union dues. Always consult with your plan administrator or a financial advisor for specific guidance.

Related Questions

Can a homeowners association force you to pay fees or dues?

Yes, a homeowners association can legally require homeowners to pay fees or dues as outlined in the association's governing documents, such as the bylaws or covenants. Failure to pay these fees can result in penalties or legal action by the association.


How can homeowners insurance pay for homeowners association dues if i cannot pay?

It won't. Homeowners insurance is protection from sudden accidental losses, it does cover association dues.


Can a homeowners association file a lien against you for overdue fines only if assessments and dues are all paid.?

If your assessments and dues were overdue when you paid them and if the homeowners association has the right to assess overdue fines then the answer is yes.


What is a tax charged by the church?

Tything Dues


What is a tax charged by the Church called?

Tything Dues


Who is responsible if a title company fails to collect estoppel dues for the homeowners association?

If a title company fails to collect estoppel dues for a homeowners association, responsibility typically falls on the title company, as it is their duty to ensure all necessary fees and dues are accounted for during the closing process. However, the homeowners association may also share some responsibility if they did not provide the title company with accurate or timely information regarding the dues. Ultimately, the specific terms outlined in the closing agreements and state laws will determine liability. Homeowners may need to consult legal counsel to address any disputes arising from the situation.


How much are homeowner dues?

They are typically TOO MUCH and are charged monthly!


You live in a patio home community and one of the homeowners has not paid his monthly dues Can a lien be put on his home?

Read your contract.


Can a homeowners association amend the covenant to remove the lien against homeowners that don't paid dues?

Removing a lien or liens does not require covenant amendment. It will be easier for the board not to file a lien in a given situation, than to remove this collection tool from its options. Assessments -- not dues -- are owed by owners and pay for the operation of the community.


What happens if you don't pay my 2 lic dues?

If you don't pay your two license dues, you may face penalties such as late fees or interest charges. Additionally, your license could be suspended or revoked, which may restrict your ability to operate legally. In some cases, failure to pay could also lead to legal action or collections efforts. It's important to address any outstanding dues to avoid these consequences.


Are condo or homeowners dues in arrears discharged after the bank forecloses?

Only items reported to the credit bureau (s) can be "charged off" after a foreclosure and that is up to the creditors descretion. Items are discharged after a bankruptcy, not foreclosure (two separate things -- although a foreclosure can happen within a bankruptcy) Usually what happens in a foreclosure is that the assoc. dues that are in arrears are paid from proceeds at sale closing and the new owners will start fresh.


Where does most of the money an interest group collects come from?

membership dues and contributions