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Ok here we go again,what kind of acromym is bhph regardless there asking you to return the collateral because they dont believe you and only you know if your being honest or not ok so if you are really going to bring your payments up to date and soon hide the collateral and do a good job because I may have the order and I never sleep,because if you take it in the can charge you all kinds of fees such as storage,etc. and they can demand that you pay the loan in full so unless youll have enough money to cover all these potential fees just hide it and make your payment post hast.Keep in mind that doesnt mean several weeks Im talking days be honest to yourself. bhph probably means Buy Here Pay Here. The lot isn't required to accept your payment depending on your state and finance agreement. It sounds as if they have made a demand for the vehicle. Call them and ask them if they want the payments to be caught up in cash or certified check and see what they say. If they pick one, then take that to them. If they say "We don't want it, bring the vehicle" well, then you have evidently pissed them off too bad at some point or another and you need to take them the vehicle.
What else can I help you with?
Do large principal payments reduce monthly payments?
Large principal payments do not reduce monthly payments. Monthly payments are typically fixed based on the loan amount and interest rate, so making a large principal payment will not change the monthly payment amount. However, paying off a large portion of the principal can help reduce the total interest paid over the life of the loan and shorten the loan term.
How can you lower the principal owed on your mortgage?
You can reduce the principal by making extra payments toward the principal each payment cycle. Ask your lender how best to do it and make certain the amount is deducted from the principal.You can reduce the principal by making extra payments toward the principal each payment cycle. Ask your lender how best to do it and make certain the amount is deducted from the principal.You can reduce the principal by making extra payments toward the principal each payment cycle. Ask your lender how best to do it and make certain the amount is deducted from the principal.You can reduce the principal by making extra payments toward the principal each payment cycle. Ask your lender how best to do it and make certain the amount is deducted from the principal.
How can I calculate the monthly payment with APR?
To calculate the monthly payment with APR, you can use the formula for loan payments: Monthly Payment P r(1r)n / (1r)n - 1 Where: P Principal loan amount r Monthly interest rate (APR divided by 12) n Number of monthly payments Plug in these values into the formula to find the monthly payment amount.
Can you explain how mortgage payments work?
Mortgage payments are monthly payments made by a borrower to a lender to repay a loan used to buy a home. Each payment typically covers a portion of the loan principal (the amount borrowed) and the interest (the cost of borrowing). Over time, more of the payment goes towards the principal, reducing the amount owed.
How do you use a loan payment calculator?
The purpose of a loan payment calculator is to estimate the amount of your monthly payments as well as the salary you need in order to make the payments comfortably. For a standard loan calculator you need to input the amount of the loan as well as any added fees, the interest percentage, how long the loan stands for as well as the minimum/maximum payments you can make per month.
What is the ratio of 400 down payment to the amount of 1200?
400 down payments : 1200 = 1 down payment : 3 payments or 1/3 dp : 1 payment
What are the booking entries for operating lease payments?
increase rent expense by payment amount (debit) reduce cash by payment amount (credit)
What is a pick up payment in an auto loan and how is it applied?
A pick up payment is an irregular or deferred down payment. The down payment is the amount paid up front and reduces the amount financed. Some amounts may be deffered to future dates. The amounts and dates of these payments must be disclosed on your contract and are separate from your regular payments. If interest accrues off these payments depends on the state and dealer.
Are there websites that can calculate car loan payments?
There are websites that calculate your car loan payments. Most dealership websites have a payment calculater on there site that will allow you to enter your down payment amount and will calculate your payment after taking everything into play.
What defines your payment history?
the number of late payments, amount of debt, and delay in repaying loans
What is recorded in the cash payments journals?
Cash payments journals record all cash payments made by a business, including expenses such as rent, utilities, wages, and other payments for goods or services. Each entry will typically include the date of payment, payee, amount paid, and purpose of the payment.
Do large principal payments reduce monthly payments?
Large principal payments do not reduce monthly payments. Monthly payments are typically fixed based on the loan amount and interest rate, so making a large principal payment will not change the monthly payment amount. However, paying off a large portion of the principal can help reduce the total interest paid over the life of the loan and shorten the loan term.
How can you lower the principal owed on your mortgage?
You can reduce the principal by making extra payments toward the principal each payment cycle. Ask your lender how best to do it and make certain the amount is deducted from the principal.You can reduce the principal by making extra payments toward the principal each payment cycle. Ask your lender how best to do it and make certain the amount is deducted from the principal.You can reduce the principal by making extra payments toward the principal each payment cycle. Ask your lender how best to do it and make certain the amount is deducted from the principal.You can reduce the principal by making extra payments toward the principal each payment cycle. Ask your lender how best to do it and make certain the amount is deducted from the principal.
How can I calculate the monthly payment with APR?
To calculate the monthly payment with APR, you can use the formula for loan payments: Monthly Payment P r(1r)n / (1r)n - 1 Where: P Principal loan amount r Monthly interest rate (APR divided by 12) n Number of monthly payments Plug in these values into the formula to find the monthly payment amount.
Can you explain how mortgage payments work?
Mortgage payments are monthly payments made by a borrower to a lender to repay a loan used to buy a home. Each payment typically covers a portion of the loan principal (the amount borrowed) and the interest (the cost of borrowing). Over time, more of the payment goes towards the principal, reducing the amount owed.
How does amex calculate your minimum payment?
Minimum payments are a percentage of your current balance. As your balance lowers, so does your minimum payment amount. For a specific equation on how the minimum payment is calculated, contact Amex directly.
Alternative Payment Frequencies?
Alternative Payment Frequencies Use this calculator to determine your payment or loan amount for different payment frequencies. You can make payments weekly, bi-weekly, semi-monthly, monthly, bi-monthly, quarterly, semi-annually or annually. You can then examine your principal balances by payment, total of all payments made, and total interest paid.
