2006-06-21 06:47:11 · 10 answers · asked by acesgrl2002 1 in Business & Finance ➔ Personal Finance
it is a loan on a truck , and 2 motorcycles. 2 payments behind and now another one due. Had been out of work. need - yikes- 13000.00
2006-06-21 06:56:28 · update #1
We were doing fine, but husband lost his job. We don't live extravagently by any means. He is working again, but things got behind, now playing catch up. We have the money to pay both late payments and this months, can they still call in the loan?
2006-06-22 04:42:02 · update #2
First find out exaclty how deliquent you are or they say you are.
2. Calculate what it would take to bring it current.
3. Offer to pay a little more each month to catch up the dilequency.
4. Refinance it with another banking institution.
There are more things you can do. If you've been dealing with one particular person at that bank and they gotten to know you, then meet with them and discuss alternatives.
Sometimes a friendly face and soft talk in hard times will soften a problem.
Good Luck and God Bless
2006-06-21 06:56:39 · answer #1 · answered by follownhim 2 · 1⤊ 0⤋
The bank has apparently not been able to get you to make regular and on-time payments. They usually only call a loan due after severe delinquency and all efforts have failed. Not much you can do. You can try to get another loan, which would be unlikely. Or, surrrender the assets if you can no longer pay for them.
2006-06-21 07:04:41 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The best thing to do is call the bank ASAP and try to renegotiate the loan. Believe me the bank does not want your stuff, just their money. Be courteous and explain the situation and offer to pay something less than owed.
2006-06-21 07:22:52 · answer #3 · answered by cyclist 3 · 0⤊ 0⤋
I work at a mortgage division of a bank... It doesnt matter what kind of loan you have if you havent paid on time, you are going to get penalized. If you did pay it on time it is your banks issue and you need to follow it up with the mortgage department. They will iron it out for you. If you signed a contract (Loan Docs) you are screwed if you pay late...
2006-06-21 06:53:18 · answer #4 · answered by Free & Sassy 4 · 0⤊ 0⤋
whether the verify is postmarked for the due date the financial employer nevertheless has to obtain the verify beforehand the due date to technique it. Your terrific guess would be to call and ask in case you ought to use your verify or debit card over the telephone to make the charge, in case you do no longer you're turning out to be a prior due value tacked on and that they're a chew. do purely what you could to get that charge in on the due date.
2016-12-13 17:50:08 · answer #5 · answered by ? 3 · 0⤊ 0⤋
Nothing take your loses for being so dumb and going over your head in debt.
Hate to have your payments, with insurance and such it's gotta suck to pay those bills and not haveany fun money.
2006-06-21 18:21:10 · answer #6 · answered by retisin2002 4 · 0⤊ 0⤋
You need to call them and see what can be done. They are the only ones who can work something out with you.
2006-06-21 06:51:30 · answer #7 · answered by tsopolly 6 · 0⤊ 0⤋
Move and Assume a NEW Name.....lol....( or just claim bankrupcy
or get another loan and pay off the mentioned off.....)....
2006-06-21 06:54:22 · answer #8 · answered by BILL P 3 · 0⤊ 0⤋
Pay them ! How much do you need?
2006-06-21 06:53:17 · answer #9 · answered by vince4soulmate 1 · 0⤊ 0⤋
what kind of loan? how delinquent?
2006-06-21 06:49:47 · answer #10 · answered by Paula M 5 · 0⤊ 0⤋