answersLogoWhite

0

What else can I help you with?

Continue Learning about Finance

How can one apply for a credit card when already has a mortgage in the UK?

As long as one is not behind on their mortgage payments, one should not effect the other. If one hasn't been making payments they will likely not be accepted for a credit card.


Can a financed car be used as collateral for a loan?

Since the car is financed, it already is collateral for a loan. Your car loan uses the car as collateral for that loan. I think the only way for you to use the car as collateral for a different loan is to have the NEW lender pay off your car loan, tack the ammount of the car loan on to the new loan you are getting, therefore they would then be the leinholder on the car.


What might you expect to find out about people who are described as credit risks?

You would discover that they are usually late with their payments (or might miss payments altogether). You might also discover that they prefer to increase their credit limit - rather than pay off what they already owe.


What are the benefits of direct line mortgages?

Direct Line no longer provides mortgages to new customers, but if you already have a mortgage with them they will lend you more money or assist you if you are having trouble meeting your mortgage payments.


How is your credit affected if you miss a one month payment of your car loan and what will be its affect on the mortgage loan?

If you already have a mortgage, no effect. If not, and you have made up the payment,and all other credit payments are ok, and you qualify in all other respects, not much of an effect. But if you have credit cards and are making payments, their interest rates may go up dramatically.

Related Questions

Can jewelery be repossesed?

jewelry can only be repossesed if it was used as collateral to back up a purchase or if it is being rented, leased, or financed by a banking institution. if it solely owned by you and already paid for in full, it will not be repossesed. In most cases, cars are most frequently repossesed, (because payments on the car loan or lease were not paid on time) and in some cases homes (mortgage payments late, missed, etc.) basically, make your payments, and make them on time regardless of the item.


How long does a dealer have to get the vehicle financed after they have already sent you home in it?

10 days or they have to notifiy you in writing that they have not acquired financing.


What are accruals and prepayments?

Accruals: Accruals are those items the benefits of which has already taken by company but the payments are not yet paid or services of which are already provided but amounts are not received yet Example: rent accrued for previous 6 months but not yet paid. Pre payments: Pre payments are reverse of accruals as these are the payments which have made already but the benefits of those payments are not yet taken by the company. For Example: Prepaid rent for next 6 months.


What is the verb for complete?

Complete is already a verb. For example, "to complete something" is an action and therefore a verb.


What is the verb form of complete?

Complete is already a verb. For example "to complete something" is an action and therefore a verb.


Can the PRIMARY owner of a vehicle sue the COSIGNER for half of the remaining balance if the COSIGNER had the vehicle voluntarily repossed even if the PRIMARY had already been making payments on time?

You can sue anybody for almost anything today. Now, if you can win or not is the question. Talk to a lawyer or at the very least your state attorney general.


How can you get out of cosigner even through you already cosigned?

Pay the loan off and then collect payments from the person you cosigned for.


Can you ask for a voluntary dismissal if your chapter 13 trustee has already asked for a dismissal for missed payments?

yes.


If you are selling a car and the purchaser is paying payments on the car can I be lien holder until they pay the car off?

If the car is still financed then that financier would be the lien holder. If you already hold title then you could technically be the lien holder and keep the title until the buyer pays it off but you would be held responsible for any registration related charges while it's still in your name.


How do you get child support from a tax refund?

When you claim that your ex is behind in payments, the support enforcement agency will get permission to get any arrears from your ex's tax return, this is after they have already tried to get payments from them and could not.


What is the verb of completion?

Complete is already a verb. For example "to complete something" is an action and therefore a verb.


What is the code for action replay dsi pokemon diamond complete pokedex?

An Action Replay DSi should already have the complete Pokédex code for diamond and pearl already built in.