A promissory note is essentially a formal IOU.
If someone in the records and/or financial office at your school didn't tell you this will work ... it almost certainly won't work and it doesn't matter how well you write the letter. If you'd like to try anyway, you can find templates for promissory notes in general online with a small amount of searching.
If they did tell you it would work, ask them for a template.
i promise to pay the amount of 2700
With due respect, I beg to say that I am a student of Class VII of your school.
i am late on payment for auto insurance what can i do.
Talk to you local county attorney.
Ok, you say that you didn't pay for the down payment on the car....but.....did you sign the promissory note as the borrower or as a cosigner. Because if you did, it is your car also and you will also be charged for the repo. Call the lender and try to work something out....it will be better than taking care of it when it is too late and you are being waged. Good Luck
It depends on the circumstances. Often, card companies will forgive a 'one-off' late payment. Subsequent lapses will result in a late payment fee - usually an expensive 'mistake' !
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Yes, if you pay your car payment at a car dealers office they will charge a late fee. Anytime a payment is late, the dealer has a tight to charge late fees.
Yes. The co-signers credit can be affected if a monthly payment is late. He may also owe late fees.
If you are late on your loan payment and are a cosigner on your daughters car can they repposses the car?
If the payment is late or not in full, then yes. If the payment is on time and in full, then no.
Yes, for most loans. For most loans, the late fee is added to the minimum payment required (and the balance at the time of incurring the late fee) and will be deducted from the balance once the payment is received.