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I want to end my involvement with classmates they messed with my financial institute without my OK......

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Wrong place to post question

Only answer automotive questions here

Posted on May 09, 2014

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Posted on Jan 02, 2017

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I NEED TO KNOW IF POSSIBLE FOR THE BANK TO REPOSES THE CAR WHEN YOU ARE IN ARREARS EVEN IF YOU ARE PAYING MORE THAN INSTALMENT


If you read the terms of your contract, it very likely indicates that if you are even one payment late, you are considered in default and as such, the financial institution has a right to repossess. It doesn't matter if you pay more than the minimum required per payment. The fact that a payment is late is enough to consider the loan in default. Your contract may specify a grace period or number of payments late before they will consider you in default. Also, state law may regulate such matters. Check with your state and the specific of your contract.

That being said, it is costly for the financial institution to initiate reposession so most are hesitant to do so, but they have every right to do so without warning. You may want to contact them to inquire. Many times, if you show a good faith effort, they are willing to work with you and that is far better than waking up one morning to discover your vehicle is gone.

Sep 15, 2017 | Cars & Trucks

1 Answer

What is my balance?


Contact the financial institution.

May 12, 2017 | Cars & Trucks

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What is the Australian bank bill swap rate for today?


this site is not a money transfer site
call your bank or financial institution direct

Nov 14, 2016 | Cars & Trucks

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How to Get a Car Loan While in the Military?


Apply for one. Military service has no bearing on a loan although it does place certain requirements on the financial institution

Oct 20, 2016 | Cars & Trucks

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How do I log in into my car loan account


call your financial institution and discuss the problem with the accounts manager.

Jan 07, 2015 | 2009 Mercedes-Benz CLK 350

2 Answers

Financial accounting


Even an individual needs some form of accounting. Organization needs financial accounting not necessarily to achieve its objectives. Does the organization have a Bank Account, does it need money to buy equipment, computer, furniture etc, does it spend money for various purposes? How do you keep track of all the transactions? Is there a Government body like Taxation, or the company executives you have to report to.
about your financial activities, Profit & Loss etc.
These are just couple of reasons, why need a Financial Accounting. Hope this will help.
luciana44

May 18, 2008 | 2008 Honda Element

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