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How do I enquire about issues with mointhly payments on contracts?

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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

2 Answers

Good morning i am currently under debt reviev and rent to own a car but want to cancel the contract what do i need to do


Contact the finance company that owns the vehicle to enquire into the terms and conditions that they have concerning you wishing to cancel the contract
they own the vehicle until you pay the final payment

May 01, 2017 | The Computers & Internet

1 Answer

Is There A Grace Period For Overdue Payments Of Working Capital Loan?


Payments are needed to be made by the due date as per your contract. Interest rates will accrue on the past due amount and be applied to your account every day, which increases the full amount you pay for your contract.

Apr 28, 2016 | The Computers & Internet

1 Answer

How di I set up monthly automatic payment?


More info needed....But if your on abut your phone contract..
Contact your phone network provider, if you wanna setup a payment plan.

Sep 09, 2014 | Apple iPhone Cell Phones

1 Answer

Problems with royal holiday


contact an attorney and see what they can do for you legally

Aug 24, 2017 | Computers & Internet

1 Answer

How to cancell a contract with royal holiday


Nothing to do with computer issues.

Sep 23, 2017 | Computers & Internet

1 Answer

Monthly contract overcharge


In the business they call that a ' because we can' charge.
call the customer service rep and complain.

Apr 17, 2013 | Samsung Cell Phones

1 Answer

How much is the new motherboard and where to find it?


Kindly call fujitsu help line and enquire.
They may arrange to send it to you via post. But remember you will be required to make payments with your debit or credit card. Thanks

Jan 25, 2013 | Fujitsu LifeBook S2020 Notebook

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