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The idea of making a small down payment for an item and making regular payments on it is called the .?

Installment plan


What happens when you get call regarding repossession but no letter after making a payment?

One payment may not be enough to stop the progress of the repossession proceedings. You need to communicate with the mortgage company and arrange to make regular payments.


Can a credit card come send you to collections if you are making a payment?

They can do whatever they want if you are behind, but it would be weird for them to pursue collections if you are making REGULAR payments. Call the credit card company and make arrangements.


Can making a large payment towards your principle lower your car payments?

Yes.


If the obligor is making child support payments do they still owe arrears?

The arrears should be addressed in a court order so that an additional amount is added to the regular payments. If arrears have been established by the court then review the court order for the payment schedule.The arrears should be addressed in a court order so that an additional amount is added to the regular payments. If arrears have been established by the court then review the court order for the payment schedule.The arrears should be addressed in a court order so that an additional amount is added to the regular payments. If arrears have been established by the court then review the court order for the payment schedule.The arrears should be addressed in a court order so that an additional amount is added to the regular payments. If arrears have been established by the court then review the court order for the payment schedule.


Are orchard bank online payments legal?

Yes, Orchard Bank online payments are legal payments. Making online payments is faster, easier, and often more secure for both the person making the payment and the bank itself.


Can furniture be repossessed if payment has not been made in 6 months but you start back making payments?

Yes, furniture can be repossessed if you start making payments again after 6 months, especially if the missed payments are not caught up. The creditor can refuse the payment if court proceedings are already in progress.


What are the six modern methods of making payment through the banking system?

Six methods of making payments through the banking system are electronic check, paper check, credit cards, debit cards, transfer funds from one account to another, bill pay (regular monthly payments to utilities, etc.). Many of these options for payment also come with fees the banks charge.


If a person is making payments on a motorcycle when do they get the title?

About 2 weeks after you make the last payment.


What are the payment options for a home loan?

The payment options for a home loan typically include making monthly payments with a fixed interest rate, making bi-weekly payments, or choosing an adjustable-rate mortgage with varying interest rates.


Can a debt be put on your credit report if you are making payment?

Yes, it'll be there until the payments are completed.


Is a money order safe to use for making payments?

Yes, a money order is generally safe to use for making payments as it is a secure form of payment that does not contain personal banking information.