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The Lomans have to make only one more payment to pay off?

the mortgage on the house


Do you say make a payment or make payment?

It depends on what you want to say. The article "a" places the focus on the specific payment being made, usually in a series of payments: "I made a payment only yesterday!" "I make a payment only when I think of it". Without the article, the focus is more diffuse, more general, and may even imply full payment: "You should make payment immediately." "I made payment as soon as I received the invoice." As is often the case, though, there is no hard-and-fast rule about which should be used when ...


What happens if you make only the minimum payment every month on your credit card?

If you only make the minimum payment on your credit card each month, you will end up paying more in interest over time and it will take longer to pay off your balance. This can lead to accumulating debt and financial strain.


When making the minimum required payment on a credit card bill a large part of the payment goes towards?

When making the minimum required payment on a credit card bill, a large part of the payment typically goes toward paying off the interest accrued on the outstanding balance. This means that only a small portion of the payment is applied to the principal amount owed. Consequently, if you only make the minimum payment, it can take significantly longer to pay off the debt and result in paying more interest over time.


Why is it more difficult to get out of debt when only paying the minimum payment?

Paying only the minimum payment on debt makes it harder to get out of debt because most of the payment goes towards interest rather than reducing the principal amount owed. This means the debt takes longer to pay off and more interest accumulates over time, making it more expensive in the long run.

Related Questions

The Lomans have to make only one more payment to pay off?

the mortgage on the house


Lomans have to make only one more payment to pay off?

the mortgage on the house.


Do you say make a payment or make payment?

It depends on what you want to say. The article "a" places the focus on the specific payment being made, usually in a series of payments: "I made a payment only yesterday!" "I make a payment only when I think of it". Without the article, the focus is more diffuse, more general, and may even imply full payment: "You should make payment immediately." "I made payment as soon as I received the invoice." As is often the case, though, there is no hard-and-fast rule about which should be used when ...


Do you say make payments or makes payment?

It depends on what you want to say. The article "a" places the focus on the specific payment being made, usually in a series of payments: "I made a payment only yesterday!" "I make a payment only when I think of it". Without the article, the focus is more diffuse, more general, and may even imply full payment: "You should make payment immediately." "I made payment as soon as I received the invoice." As is often the case, though, there is no hard-and-fast rule about which should be used when ...


Do you only have to make 1 payment for minecraft?

yes


What happens if you make only the minimum payment every month on your credit card?

If you only make the minimum payment on your credit card each month, you will end up paying more in interest over time and it will take longer to pay off your balance. This can lead to accumulating debt and financial strain.


If a company will not take your cash payment do you still owe the money?

Yes, but it's strange they won't take cash. Try to find out what form they want payment in, and then try to make payment that way. If cash is the only way you can do it, call them and ask how to make a payment in cash.


When making the minimum required payment on a credit card bill a large part of the payment goes towards?

When making the minimum required payment on a credit card bill, a large part of the payment typically goes toward paying off the interest accrued on the outstanding balance. This means that only a small portion of the payment is applied to the principal amount owed. Consequently, if you only make the minimum payment, it can take significantly longer to pay off the debt and result in paying more interest over time.


If you have made a payment arrangment can your car be repossessed?

Only if you have failed to make the agreed payments on time.


You only have enough money to make your credit card payment or house payment Which should you do?

Keep a roof over your head first..... then work on negotiating the cc debt


Why is it more difficult to get out of debt when only paying the minimum payment?

Paying only the minimum payment on debt makes it harder to get out of debt because most of the payment goes towards interest rather than reducing the principal amount owed. This means the debt takes longer to pay off and more interest accumulates over time, making it more expensive in the long run.


Can a car be repossessed for not having tags?

No, only when you are required to have full coverage insurance and you dont, and the obvious that you do not make a payment.