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A Traveler's check can be used to make payments while away from home.

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12y ago

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If you make double payments for a year for the next year will you be required to make normal payments or can you get away with making no payments until the 3rd year?

You cannot skip a year even if you made double payments for the first year, the bank considers those payments extra and hopefully you made sure the payments went to the principle, not the interest.


Can the mortgage company at any time take your home away if you are still making payments after bankruptcy?

Ususually in BK a house is either voluntarily surrendered, because it is not possible for the borrower(s) to keep up payments.. Or the buyer reaffirms the loan with the lender and works out a plan to repay missed payments. If your mortgage payments are current, I see no reason why the lender would seek foreclosure.


Can you explain how the reverse mortgage works?

A reverse mortgage is a type of loan for homeowners who are 62 years old or older. Instead of making monthly payments to the lender, the lender pays the homeowner. The loan is repaid when the homeowner moves out, sells the home, or passes away.


Does Amazon charge your card right away when making a purchase?

Yes, Amazon typically charges your card right away when making a purchase.


If you are willing to pay off your credit card do you think they will negotiate on the balance?

No. Why would they? The credit card companies make money by your paying interest. If you are going to be paying off the balance, they will no longer be making money from you. Why would they also desire to be accepting a lower amount for the payoff? If on the other hand, you are behind in your payments, they may then be willing to renegotiate the interest rate to encourage you to make payments rather than walk away from the loan. They may also be willing to negotiate a lower interest rate if you are making payments on time if you should indicate that you deserve a better rate (with them thinking that you will otherwise pay it off and have them make less.)

Related Questions

If you have a cosigner on a vechicle can they take your vehicle away because he is mad at you?

Yes if his anger is due to your not making payments. Otherwise NO.


What is repossession notice?

The most common type of repossession notice when a person has not been making loan payments for a car or truck. If the lender does not receive payments, the vehicle may be towed away.


If you make double payments for a year for the next year will you be required to make normal payments or can you get away with making no payments until the 3rd year?

You cannot skip a year even if you made double payments for the first year, the bank considers those payments extra and hopefully you made sure the payments went to the principle, not the interest.


If you are the co-buyer and you are the one making the payments can the buyer take your auto away?

Cosigning for ANYONE is one big mistake. If the person you cosign for is not making the payments then the person that cosigned is responsible for all payments. I have no idea why anyone would want to do this. Unless there were stipulations in the contract you signed with the buyer, then no, they can't just up and sell the car. Take another look at your contract. Marcy


Can a truck be repossed for buyers stated intent not to pay?

Uh yes. You no pay, truck get taken away. If you are having difficulty making payments try to negotiate lower payments. It costs a bank considerable more to reposses the car than to renegotiate.


What type of ion forms when an antom loses electrons?

a cation. losing electrons takes away the negative charges making it positive


Can the mortgage company at any time take your home away if you are still making payments after bankruptcy?

Ususually in BK a house is either voluntarily surrendered, because it is not possible for the borrower(s) to keep up payments.. Or the buyer reaffirms the loan with the lender and works out a plan to repay missed payments. If your mortgage payments are current, I see no reason why the lender would seek foreclosure.


If upside down - do you walk away do you do a loan modification quit making payments and what about the HOA?

Best practices dictate that you work with a financial advisor to help you determine how to prioritize your financial obligations.


Can a repair shop keep a vehicle as collateral for repairs if the owner is still making payments on the vehicle to a used car dealer?

YES! Pay your repair bill and the problem goes away.


Your husband passed away are you liable for his truck payments?

Yes if he didn't have anything to pay it off with when he passed away


What causes the repossession of a car?

If you do not want your car repossessed, then you need to keep up with the payments on your car. If you are behind on payments, then your car could be taken away from you legally.


What happens after DNA testing Do your payments starts right away if the test come back positive?

The court still has to order the payments, but the court can go back in time, to when the child was born for example, and "start" your payments from back then.