 No income but need home loan? |
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 Co-Signing Troubles!!!? |
| I co-signed on a car for my sister to help her out. The loan has about 10,000 dollars left on it and the bank is going to repo the car. I know my credit will be TRASHED, but will the bank garnish my ... |
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 Would you call debt collectors back? |
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 Real or con? |
hi guys, have ever heard of business propsal that sound like this
A banker offer you a propsal that profit split 50 - 50
Then he / she will ask for your personal information like name, ... |
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 I am 19 with bad credit. Please help!!? |
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 Fixs bad credit? |
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 As I started a finance education course recently, I realized how destructive the credit card system is to? |
the country and the world. What can be done as an alternative so we can take back our freedom and sanity from the credit card companies?
Additional Details
for those of you who are not ... |
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 I can not a pay my credit card got no insurance on it? |
| IVE NO INSURANCE ON MY CREDIIT CARD IF I LOSE MY JOB AND I CAN NOT AFFORD TO PAY... |
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 Where can i find my credit card number? |
This appeared on amazon;
Important Messages
The credit card number you entered was invalid.
The data you entered for the payment method was invalid. Please re-enter it and ... |
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 3 years ago my credit card account went to a debt collections agency - can i pay it off and get my card back? |
| Probably havent paid any money for about a year as my circumstances changed and my account went to a debt company. i owe about 800 pound, maybe 1k now with charges. I havent had communication with ... |
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 I have four charge off Items on my credit 3 years old & less then $400 Will it help or hurt my credit if I pay |
| 3 years ago I hit a rough stretch and defaulted on a cell phone bill and a few doctors bills. I want to know if I paid these Items now, If it helps or hurts my credit score. All four are listed as ... |
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mlj | I have taken bank loan on car.i am unable to pay instalment.wat will happen? |
there wore 48 instalments ipaid 20.my son given car to his friend, he is not paying
Additional Details
i have taken loan in india |
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Harsh Jharia
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bank will take away your car and auction for realising the loan amount... |
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cancan
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Owe your obligations. Try to sell the car to pay off the loan. Bank will repossess your car, and come back for the rest. Your credit will be ruined, you will have difficulty getting a loan again.
It is immoral not to repay a loan. |
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Ted
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At some point, they will reposess the car. If they sell it for less than the amount owed, they come after you for that, just like any other unpaid bill. Meanwhile, your credit is trashed for years. |
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Avyay
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As per the agreement that you have entered into, at the time of availing the loan, the loan amount has to be paid in full and final to the bank.
It is mentioned that your son has given the car to his friend who is not able to pay the installments.
If that is understood as a sale of vehicle to your son's friend it would be VOID AB INITIO ( Void from beginning) - means how can you sell the vehicle to which you are not the owner.
In case of vehicle finance, the bank will be the owner of the vehicle and you shall be mere user.
Depending upon the finance co, that has given you the auto loan, after 2-3 regular defaults, the recovery team shall identify the vehicle and the vehicle will be seized,
Since, the fault is on your side, nothing could be done. At a given date the bank shall inform the auction of your vehicle in the premises.
With the proceedings of the vehicle auction, the bank shall settle the loan amount that is due from you. If the auction earns more than the loan amount, the excess amount shall be refunded. Other ways, if the auction amount does not meet the outstanding obligation, the balance shall be recovered from you. |
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chincha
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bank will take the car |
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delta
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the reply depends on which country u are living in. please calrify. rules are different ( somewhat ) in different countries., |
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debila2001
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Are you naive? A loan is given by a bank under a legal contract. So the bank would issue a notice to you, if it is courteous and not like some Banks which engage loan recovering agents (read goondas). In the former case you land in a court in long litigations (the lawyer draws out your money first before appearing in the courtroom) and finally end up in a jail whereas in the latter you may end up being a mental wreck if not physically assaulted.
Better would be to approach the bank forthwith and try to reschedule the payment plan. Your son's friend has no role to play, he will enjoy your son's foolishness unless he is the guarantor. To bring him to book file a loan recovery case against him in a local court right away. He can not escape if he has paid those 20 installments to your son by cheques. |
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boredjuslyku
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the more u delay.... ull probably have to pay extra.... and if u can't pay they'll take your car and sell it. |
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coolestqamar
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Bank will take the car and sell in auction |
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