It is possible. When a contract is defaulted the lender/creditor may use whatever method is available under the laws of the debtor's state to recover monies owed. Consumer's sometimes believe that if they pay any amount oon the debt and the creditor accepts the payment, other action cannot be taken, this simply is not true. It might be prudent for the debtor to contact the creditor and try to negotiate more affordable repayment terms.
The minimum monthly payment required for this account is the smallest amount of money that must be paid each month to keep the account in good standing.
Monthly child support payments can be garnished from retirement.
300 each month
34.50
A down payment is normally required of $50 and then billed monthly at $12.75.
Yes it could
Yes, a minimum income is required. Companies would not be able to offer protection to someone that cannot sustain monthly payments. Also credit is important.
According to the Ontario Wages Act, up to 50 percent of an individual's gross monthly wages can be garnished. However, employment insurance, social assistance, and pension payments cannot be garnished.
can you tell me the answer please?
-revolving credit -a credit limit -monthly statement -enable cash advances -minimum payment required -insurance offered
Colorado Wage GarnishmentGross earnings for the First Pay Period less deductions required by Law Amounts based on Federal minimum hourly wage $5.15.Weekly: $154.50 or 75% of Disposable Earnings Bi-weekly: $309.00; or 75% of Disposable Earnings Semi-monthly $334.75 or 75% of Disposable Earnings Monthly: $669.50 or 75% of Disposable earningsThe quote above is the EXEMPT amount, not the amount that can be garnished!See link for full information.
At Randolph savings bank, free checking accounts are free to open. The minimum to open is $10 but there is no minimum balance required. You can also select their interest checking account, which charges a monthly service charge of $8 unless you have a minimum balance of $500.