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Legally? One day. Some loan agreements will have a late payment period that might be ten days. Read your contract for specifics.

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17y ago

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How long does a repo stay on your credit report in California?

If this repossesion is continously being resold to third party collection agencies; which happens often, then this repossesion will stay on your credit file up to 7 years. The "7 year clock" is a myth. There is no 7 year clock, the only clock that you should be aware of is the Statue of Limitation for the state that you purchased this vehicle. Google the statue of limitation for this state, and check to see the "date of last activity or the date of last payment". If your repossesion is over the SOL, then dispute this information with the bureaus, and have this permenatly removed from your credit report. If it is not over the SOL then wait until it is, unless you are ready to make a settlement offer. My suggestion is to make a settlement of 30% of the balance owed. Get everything in writing before making this final payment. Once you make this payment request for another letter stating that this account is settled in full. Though it was settled for less, this will help your credit score and report. Update this information with all three bureaus. Good Luck with this process. Wanda Improve Credit, LLC


What date will be considered in dividend payment or bonus issue by the companies to shareholders?

The date considered for dividend payment or bonus issue by companies to shareholders is typically known as the "record date." Shareholders must own the stock before this date to be eligible for the dividend or bonus issue. The company usually announces the record date alongside the ex-dividend date, which is the date on which the stock must be purchased to qualify for the upcoming dividend. Payments are then made on the specified payment date.


Have you ever had a Zelle payment sent to a closed account?

Yes, I have had a Zelle payment sent to a closed account before.


If I cancel a Zelle payment, will it be refunded?

Yes, if you cancel a Zelle payment before it is accepted by the recipient, the funds will be refunded to your account.


How can I reverse a Zelle payment?

Once a Zelle payment is sent, it cannot be reversed. It is important to double-check the recipient's information before sending a payment to avoid any errors.

Related Questions

When does the executor receive their fee before the people in the will designated to receive their shares?

The payment of the executor comes before the distribution. They have a claim against the estate and most courts allow them to collect even before debtors.


When you mail your credit card payment on the due date your payment will be considered what?

Your payment will be late, if it does not arrive on or before the due date.


How much verbal abuse do you have to take from the bank that repossessed the car?

they can call you as many times as they need to. depending on your state. most laws require 3 months of non payment before they can send a tow truck to come get your car for repossesion


How far in dafault must a person be before vehicle repossesion?

It depends on the contract and how severe the lending institution wants to be.


When repo man hits another car when repossesion a vehicle?

when repo man repossess the car and was in an accident before you can get it back, what happens


How long does a repo stay on your credit report in California?

If this repossesion is continously being resold to third party collection agencies; which happens often, then this repossesion will stay on your credit file up to 7 years. The "7 year clock" is a myth. There is no 7 year clock, the only clock that you should be aware of is the Statue of Limitation for the state that you purchased this vehicle. Google the statue of limitation for this state, and check to see the "date of last activity or the date of last payment". If your repossesion is over the SOL, then dispute this information with the bureaus, and have this permenatly removed from your credit report. If it is not over the SOL then wait until it is, unless you are ready to make a settlement offer. My suggestion is to make a settlement of 30% of the balance owed. Get everything in writing before making this final payment. Once you make this payment request for another letter stating that this account is settled in full. Though it was settled for less, this will help your credit score and report. Update this information with all three bureaus. Good Luck with this process. Wanda Improve Credit, LLC


What is Debtors collection period?

The average amount of days after making a sale before receiving cash. DCP = Receivables/Average sales per day or DCR = (average debtors/turnover)*365


Length of time from day of repossesion to make up delinquent payments before car comes into auction status?

Depends on your state laws. Call the lender and ask.


Is the tax deadline a postmark deadline?

If the IRS receives your return or payment after the deadline date but it is postmarked on or before the deadline date, then it is considered to have been filed on time.


How far do you have to be behind on a car payment before your car is repo?

2 payment


Can you make a settlement offer to someone without legal council. Would that be considered extortion?

If a person offered to accept payment for not bringing a suit, that might be considered extortion. If, however, the case was already in court, in litigation, and they offered to settle, it would be legalAnswerYes. Cases are settled every day throughout the world before suit by payment in lieu of a suit. No. That's not considered extortion.


Do you have to pay the decedents creditors?

You have to pay them before any of the estate can be distributed to the heirs. If there isn't enough, the debtors are out of luck.