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Can a bank automatically take a payment out of a co signers acct if loan is late?
Wiki User
∙ 11y ago
Yes, if that is what they agreed to when they co-signed the loan. Remember, when you co-sign a loan you are fully responsible for paying it if the primary borrower fails to pay. The co-signer should review all the documents they signed when the loan was granted.
Yes, if that is what they agreed to when they co-signed the loan. Remember, when you co-sign a loan you are fully responsible for paying it if the primary borrower fails to pay. The co-signer should review all the documents they signed when the loan was granted.
Yes, if that is what they agreed to when they co-signed the loan. Remember, when you co-sign a loan you are fully responsible for paying it if the primary borrower fails to pay. The co-signer should review all the documents they signed when the loan was granted.
Yes, if that is what they agreed to when they co-signed the loan. Remember, when you co-sign a loan you are fully responsible for paying it if the primary borrower fails to pay. The co-signer should review all the documents they signed when the loan was granted.
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoYes, if that is what they agreed to when they co-signed the loan. Remember, when you co-sign a loan you are fully responsible for paying it if the primary borrower fails to pay. The co-signer should review all the documents they signed when the loan was granted.
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Can you open a bank account online with no down payment?
AnswerYes,you can open a bank acct online without dowm payment depending on the bank you wish to transact your buisness with. More OpinionsBank of America allows such things.
How do i transfer funds in a UK acct to a US acct?
You need to ask the bank.
How long does it take for a stop payment to happen?
subjective...depends on the bank. most will do it immediately. they essentially flag your acct so when the check comes through to be paid, they will refuse it.
Can a bank put a hold on my mother's acct if I am a signer on her acct and mine is negative?
Levy by credit card company
Can you stop a good for payment cheque?
No. A good for payment is automatically paid to the beneficiary upon the maturity of the check. A bank undertakes the responsibility that it will not stop the payment of the check under any circumstances.
Can a bank of America credit card access my Bank of America checking account to pay a late payment?
No. It cannot be done by the bank. They can add the late payment fee & other charges to your credit card account but cannot automatically deduct amounts from your checking account - unless, you have given them standing instructions to debit monthly card payments automatically from your account.
Are spouses responsible for a deceased husbands bank loan with several co-signers?
Are spouses responsible for a deceased husbands commercial bank loan with several co-signers?
Is direct debit a good payment system?
Generally, for regular payments, direct debit is a good payment system as it means that there is no need to worry about paying a bill as it is automatically taken out of your bank account. However, if your bank balance is uncertain, direct debit is perhaps not the best payment system.
How is the payment of workmens compasition insurance set up?
Once a Workman's Compensation claim is approved, payment will then start. Workman's Compensation can either send you a check for your payment or you can set up a direct deposit so the payment will automatically go into your bank account.
How can you pay for Netflix?
using a credit card
Can we withdraw money if you have acct from US in the Bank of America in Manila Philippines?
yes
How does a Lipman Nurit 8000 work?
The Lipman Nurit 8000 is a payment machine for credit and debit cards. One would insert their card into the machine to make a payment. The machine connects to the bank and accepts the payment. A receipt is automatically printed out.
