business
When a car is repossessed and sold at auction?
When your lender has your car or other property repossessed, it sells the property, usually at auction. If the proceeds from the sale don’t cover the tota...
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Business
business
Can I be on my parents car insurance if they cosign?
One common scenario where both co-signers might be listed on one insurance policy is if a parent co-signs a car for a child. When the parent co-signs on t...
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business
What happens if your rent check bounces?
After a check bounces, your landlord can require you to pay your rent in cash. The landlord can charge you a late fee and a “bad-check” charge, provided t...
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business
Can you buy a car for someone and put it in their name?
Know your loan options If you purchase a car for someone else, you have the option to have the loan in your name or to cosign with the individual you’re b...
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business
Do you have to pay the finance charge if you pay a loan off early?
In this case, the lender imposes a fee if you pay off the loan balance early. Let’s say you have a high-interest rate loan and want to pay it off early to...
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business
Can you make IRA contributions after age 72?
Under the SECURE Act, you can contribute to a traditional IRA after age 70½. Required Minimum Distributions still apply to traditional IRAs at 70½ or 72 d...
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business
How are new cars safer than old cars?
It’s a fact – newer cars are safer than older cars. Advanced technologies and improved structural designs make newer cars a safer choice for your family. ...
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business
Does a co-signer have to be on the registration?
Your cosigner does not need to be listed on the title or car registration associated with the vehicle for which you’re obtaining a loan unless you request...
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business
What does an administration fee cover?
An administrative charge or fee is an expense charged to cover costs associated with opening, maintaining, changing, or closing an insurance policy. Admin...
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business
What is the difference between a commercial lease and a residential lease?
Residential leases are intended to provide property rights for daily living. Alternately, commercial leasing is intended for business use and usually outl...
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