2006-11-09 05:55:21 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Monthly, Quarterly, half yearly and yearly.
Monthly generally we enable ECS where account gets debited online. You can pay by DD also or by cheques but collection charge will be there
2006-11-09 16:37:57 · answer #1 · answered by Subhrangshu m 3 · 1⤊ 0⤋
Not exactly sure of what your question is. Don't know if you are asking the process of credit or what payment methods are available.
The process of repayment is outlined in a contract. It states the gross amount owed, the amount financed, the term, the rate of interest charged, the due date, creditors address and the amount your borrowed plus any insurance products you may have.
The "how to pay" part is varied. In the mail (never cash in the mail) by check or money order, by debit card if allowed by lender, by credit card if allowed by lender, by automatic deduction from your bank & remitted to the lender, payroll deduction, the list is endless.
Hope this helps.
2006-11-09 23:11:29 · answer #2 · answered by chey_one 3 · 0⤊ 0⤋
Depends on the kind of loan. Most loans have websites where you can make the payments online. I have a student loan and I make my payments online sometimes, or if i'm running late on my payment, I make them by phone. =)
2006-11-09 14:03:23 · answer #3 · answered by aloneinga 5 · 0⤊ 0⤋
You fill a check, put it in an envelope, write the address carefully, lick a stamp and fix it on the top right hand corner, lick the envelope and seal it and finally look for a posting box to put it in.
I suppose you know what posting boxes look like. If not, you can always ask on Yahoo.
2006-11-10 21:01:38 · answer #4 · answered by Anonymous · 0⤊ 1⤋
make your monthly payments
2006-11-09 17:00:17 · answer #5 · answered by Anonymous · 0⤊ 0⤋