0
What else can I help you with?
Why are bonds considered a form of debt financing?
Bonds are considered a form of debt financing because they represent a loan agreement between the issuer (borrower) and the bondholder (lender). The issuer borrows money by selling bonds to investors and agrees to pay them periodic interest payments and repay the principal amount at maturity. This makes bonds a form of borrowing that creates a liability for the issuer.
How can you have a lien removed from a car that was given to someone as part of a separation agreement?
Greg, the lien was put on the car as part of an agreement between you and the LENDER. You cannot change that agreement without the permission of the LENDER. That agreement was dependant on YOUR credit rating and can only be tranfered to someone with equal credit and the lenders acceptance. Call the lender and see if they will let someone assume the loan and remove you from it.
What is an agreement between a consumer and lender to borrow money and pay it back in increments called?
loan
What is a Reaffirmation agreement in chapter 7 bankruptcy?
A reaffirmation agreement is an agreement between the debtor and the lender that the underlying debt with not be discharged in bankruptcy. The debtor will remain personally liable for repaying the debt even after the bankruptcy.
What are the withdrawal limits on a Mastercard?
This varies by lender. The withdrawal limits are not set by Mastercard, but rather the actual lender for the card. To find out your limit, contact your credit card issuer.
Can a dealership repo your car when you paid them 4000 down and was scheduled to make payments starting the next month but you had a verbal agreement between the co-owner to pay 60 days later instead?
Yes. Once a contract has been defaulted on, the lender may take whatever action they choose to recover the vehicle and the debt that is owed. The agreement between the two buyers is not relevant as it does not affect the terms of the contractual agreement between the buyer(s) and the lender.
Can the lender sue for deficiency in NV?
Yes. And read your loan agreement.
Can a cosigner repossess the car if other party is unable to pay?
Co signer does not have the right of subrogation. ( the power to recoup the losses). His agreement is only with the lender who will demand payment in case the principal borrower fails to pay. He has to honour the agreement. If he pays to the lender, he can have a legal remedy through court and can repossess the vehicle only if the court orders so. ( This is on an assumption that there is no agreement entered into between the principal borrower and the cosigner. Even if there is an agreement it can be enforced through a court only.)
Can a letter of credit by issued by a private lender?
yes but it usually not worth much, all depends on the issuer and his ability to pay as well as his track record
How many payments can you be behind before your car go into repossession?
As little as 1. Depends on the lender and the agreement you signed. Read the loan agreement. My advice. Call the lender and talk about this. Work something out! You do not want your car repossed.
What is the difference between mortgage lender and consumer lender?
== ==
What is meant by a financial hardship in a loan agreement?
Financial hardship in a loan agreement refers to the fact that the person is struggling to repay their loan. They may be struggling to repay to the lender's agreement.
