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Your car was used a collateral on a personal loan and you want to sell it to pay off the loan how do you go about this either to an individual or a business that buys used cars?
Wiki User
∙ 15y ago
Talk to the lender who holds the lien on the vehicle and tell them you plans. They will help you do this. You will need their permission and a lien release.
Wiki User
∙ 15y ago
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What is meant by writing styles?
Either * personal, individual way of writing - or* level of formality
What are the divisions of Transunion Canada?
Transunion Canada offers personal and business divisions. Transunion can monitor your credit and provide detailed reports for either your personal or business needs.
Where do you find money to start a business?
Here's an overview of seven typical sources of financing for start-ups: Personal investment. When starting a business, your first investor should be yourself—either with your own cash or with collateral on your assets. Love money. Venture capital. Angels. Business incubators. Government grants and subsidies. Bank loans.
What do finance and insurance companies provide?
Finance companies usually operates on the terms of investment, capital, interest, collateral terms. They usually provide assistance to individuals who need an X amount of money either for business continuity or start up, or to settle a balance. They earn by collecting the loaned money from the individual with proportionate interests that the individual settles in a staggard method. Insurance companies on the other hand, operates in terms of premiums paid by the individual. It is like saving up for unexpected and emergent needs of the individual. This could be medical or health, business, life and material possessions.
How do you use Check as a collateral?
You cannot use check's are collateral. Either cash or bank deposit receipts or property can be used as collateral. Usually check's have a validity period of 6 months after which they are useless. So banks would not accept them as collateral
What kind of loan do you need to purchase a piece of a small business?
You may either apply for a small business loan or a personal loan. Google small business loans
What is the difference between collateral and pledge?
There is not much difference between collateral and pledge. If you put something up as collateral, if you fail to pay the loan, the item that you pledged will be taken. Either word can be used.
If an individual gives property either real or personal to a beneficiary the beneficiary must pay an inheritance tax?
fiscal
Why there is Request for network password?
For either a personal or a business wireless network, it's to protect it from unauthorized users.
What is the difference between collateral and pledge in the following sentence. Secured bonds are backed by a pledge of collateral?
There is not much difference between collateral and pledge. If you put something up as collateral, if you fail to pay the loan, the item that you pledged will be taken. Either word can be used.
Do you answer personal questions?
Either honestly or if you don't want to answer them tell the person that you don't want to answer them (or if you want to be more abrupt, that it is non of their business).
What is meant by accounting entity?
An accounting entity can be either a business or subdivision of a business that engages in economic activities , has economic assets and resources that must be accounted , and is separate from the personal dealings of its owners .
