What is the Fastest way to pay off a car loan?
As much as possible as soon as possible. Really, the more you pay above and beyond the required monthly amount should come directly off the balance without interest. If your loan is not structured in this way, then you should refinance with a new loan that lets you pay additional amounts toward the premium whenever you want.
unless his will states otherwise you inherit all of his property and debt. that includes, loans.
Sure ... as it is not YOUR car ... you are not the OWNER of the car ... the loan company OWNS the car outright. If you do not pay for something that you buy on time, the loan company has every right to take it back. You see, they hold the owners title on the car, so it is theirs to take away if one does not make the payments anymore.
Difference between interest rate and finance charge?
finance charge - This is the one time fees that the bank may charge for processing your loan
Interest rate - This is the rate at which you must pay the bank interest for availing the loan during the loan tenure.
Ex: Assuming you take a Rs. 1 lakh loan for 1 year at 10% fixed rate of interest and a 0.5% processing fee/finance charges
==>
Monthly payment = 9166.67/- (Out of this Rs. 8333.33 would be principal repayment & Rs. 833.33 would be interest)
Finance charges = Rs. 500/-
If a car is repossed you do you still pay the reminder of balance?
When a vehicle is repossessed, it is usually put up for auction. If the monies recovered from the auction is not enough to cover the outstanding balance on the loan, the person the vehicle was repossessed from is expected to pay the difference. It's a bummer, but that's how it goes.
How many days can you be late on car payments before repossession?
take a look at your contract, I've heard you can only be 1 day late. Also keep in mind that you can only be late 2 times or they come and get your car.
If You're Behind On Your Car Payment, Facing Auto Repossession "Repo", Trying To Sell Your Car, No Title... CAR DEBT SOLUTIONS WILL BUY YOUR CAR TODAY!! Don't Wait Until It's Too Late and Your Car Get Taken Call Us and We Will Buy it Today For Cash...
Can pension payments be garnished?
The majority of private pensions are exempt or partially exempt from garnishment by judgment creditors not by child support orders or tax arrearage payments. All Social Security, government and military pension benefits are totally exempt from judgment creditor garnishment.
How many months can you be behind on a payment before the repo?
That would depend entirely on the financing institution or an agreement between them and you at the time of financing. If you are fearing repossession, get in touch with your financier and let them knw you are in arrears and explain why. Work out some kind of extension or payback plan. The financial institution would rather have your money than your vehicle. But if you don't get in touch with them, their obvious thought is that you don't plan on paying and will send the repo man after the vehicle.
How long does a bacs payment take?
A BACS payment can go in during the same day and immediately in some cases, depending on the bank and whether the payment is a regular payment. Payments between the same banks usually go through in a day and in some cases immediately. Transactions between different banks usually go in within a day of being processed. Others may take up to two days the reason being, If the money is seen to be entering your bank on the same day you may not be able to withdraw from it as the creditor will have the option to reverse the payment up until the close of business, and for this reason may not be able to draw on the funds until the following day. Best idea is to call your bank as they would be able to see incoming transactions and will advise you as to when you can draw on the funds.
If one car is behind and the other is current can both cars be repossed?
No they cant only the behind on its payment can be taken.Even if the same bank is used on both cars only the car behind on payment will be taken.
What is the difference between having your car impounded or having it seized?
when a car is impounded you can get it back, by showing paperwork and paying some fees. when your car is seized, its gone, you can't have it.
This could vary from state to state. When we obtained our licensing it clearly states that we cannot move any property to get to our Mark. Also, unless given consent by your neighbor they have all the right in the world to pursue the repossession company for trespassing charges and any property damage reparations. I would call the police (not 911) and have a police report made along with pictures of the grass and furniture move to help the case.
I told the repo man to get off the property he didn't do i have any recourse now?
Unfortunately, unless the property is fenced in with a locked gate the repossession man is allowed to come on to your property to remove the item under repossession. In fact, if you attempt to physically remove him he can pepper spray you in order to protect himself. They have the right to enter your property and reclaim the goods. However, he can not enter your home, a garage, or dwelling. If it is a car, and it is in the driveway he has the right to come on your property and remove it. They cannot move any of your or anyone's property to attain the vehicle, so if you park another vehicle in front of it he cannot move that to get to yours.
What does Loan Loss allowance mean?
Amount of money that a bank might lose because of its loan not being fully repaid.
Why dos a police officer always puy their hand on the back of a puled over car?
He is checking to see if the trunk is unlocked, and whether or not the car is running. It also allows him to feel movement in the car that he may not see.
Actually it is to leave fingerprints on the vehicle in case the traffic stop goes badly. This helps the prosecution establish proof that the police office was in "contact" with the vehicle.
If a game warden can come on private property it is no longer private?
While there are many occasions when a Game Warden or other Peace Officer may legally enter private property, that property is still deemed private.
Can you register a car if it is in someone else name?
Yes, you can register a car if the title is in someone elses name. The title is a record of the owner - the registration is a record of the driver - and in many cases these may be different people, for example, a mom letting her son borrow a car for college, borrowing a friends car for an extended time, husband and wife, etc.
Different states require different things to do this, in my state, I borrowed a friends car for over a year and walked right in to the DMV and registered it no problem. Some states require a signed document by the title holder, or some states require the registrant and title holder to go to the DMV together. Some states will allow more than on registrant on a car registration, such as a husband and wife or two roommates sharing a car.
How much do you owe hrblockfor tax prep fees?
hrblock says i owe them money for preperation fees .i need to know how much?