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What else can I help you with?
Can you reverse a credit card payment?
Yes, it is possible to reverse a credit card payment through a process known as a chargeback. This typically occurs when a customer disputes a transaction with their credit card issuer, who then investigates the claim and may reverse the payment if it is found to be valid.
What happens to the principal portion and interest portion of the monthly payment on a loan over time?
Over time, as you make monthly payments on a loan, the principal portion of the payment gradually increases while the interest portion decreases. This occurs because interest is calculated on the remaining principal balance, which decreases with each payment. Initially, a larger percentage of the payment goes towards interest, but as the loan matures, more of the payment is applied to reducing the principal. This shift is characteristic of amortizing loans.
What the different in net 15 or every two weeks?
"Net 15" refers to a payment term where payment is due 15 days after the invoice date. In contrast, "every two weeks" implies a recurring payment schedule that occurs biweekly, meaning payments are made every 14 days. While net 15 is a one-time payment term, biweekly payments can be part of a regular payroll or billing cycle, often leading to more frequent cash flow.
What if there is an erroneous payment then?
If an erroneous payment occurs, the first step is to notify the financial institution or payment processor involved to investigate the transaction. They may initiate a reversal or refund process, depending on the circumstances. Additionally, it's important to keep records of all communications and documentation related to the error for reference. If the issue isn't resolved, you may need to escalate it to a regulatory body or seek legal advice.
Do a payment?
''Doing a payment'' is to express completing a payment. '' payment is done '' means it has been completed.
When is the ready to pay file created?
After the payment run process occurs
Is Michigan a non title holding state and who keeps the title the owner or the lien holder?
Michigan is a title theory state where the property title remains in trust until payment in full occurs for the underlying loan.Michigan is a title theory state where the property title remains in trust until payment in full occurs for the underlying loan.Michigan is a title theory state where the property title remains in trust until payment in full occurs for the underlying loan.Michigan is a title theory state where the property title remains in trust until payment in full occurs for the underlying loan.
Can you reverse a credit card payment?
Yes, it is possible to reverse a credit card payment through a process known as a chargeback. This typically occurs when a customer disputes a transaction with their credit card issuer, who then investigates the claim and may reverse the payment if it is found to be valid.
A balance of payment deficit occurs when?
the net outflow of money from a country exceeds the net inflow of money from abroad--- by L.M
What is another name for withholding a?
Another name for withholding a payment or support is "retention." In a legal or contractual context, it can also be referred to as "non-payment" or "withholding." This action typically occurs when one party does not fulfill their obligations or conditions as agreed upon.
Does a decrease in accounts payable decrease cash flow?
Yes decrease occurs due to payment of cash to creditors which causes the cash to reduce as well.
How late can a vehicle payment be in Virginia before repossession?
I am a repossession agent in Virginia it takes 2-3 months of not paying before the repossession status occurs.AnswerI am a repossession agent in Virginia it takes 1 missed payment then repossession status occurs.
What happens to the principal portion and interest portion of the monthly payment on a loan over time?
Over time, as you make monthly payments on a loan, the principal portion of the payment gradually increases while the interest portion decreases. This occurs because interest is calculated on the remaining principal balance, which decreases with each payment. Initially, a larger percentage of the payment goes towards interest, but as the loan matures, more of the payment is applied to reducing the principal. This shift is characteristic of amortizing loans.
What is refund payment?
A refund payment is a transaction in which money is returned to a customer after they have made a purchase. This typically occurs when a product is returned, a service is not delivered as promised, or there is an error in the transaction. Refunds can be issued in various forms, such as cash, store credit, or a reversal of the charge on the customer’s payment method. The process and policies for refunds vary by retailer or service provider.
What does tt prior to shipment mean in payment terms?
"TT prior to shipment" refers to a payment term where the buyer is required to make a telegraphic transfer (TT) of funds to the seller before the shipment of goods occurs. This means that the seller expects to receive full payment in advance, ensuring that they have been compensated before the products are dispatched. This term is commonly used in international trade to mitigate the risk of non-payment.
How long does a creditor have until they repossess a vehicle?
A creditor can repossess a vehicle at any time after a default(late payment, lack of insurance, etc.) occurs on the contract.
What the different in net 15 or every two weeks?
"Net 15" refers to a payment term where payment is due 15 days after the invoice date. In contrast, "every two weeks" implies a recurring payment schedule that occurs biweekly, meaning payments are made every 14 days. While net 15 is a one-time payment term, biweekly payments can be part of a regular payroll or billing cycle, often leading to more frequent cash flow.
