I’m interested in selling my car, but I still have an outstanding loan on it? Whats the best way to go about selling the car?
Posts Tagged ‘Outstanding’
Can A Third Party Issue Cheque To Clear An Outstanding Car Loan?
September 20th, 2009Basically, my relative has an outstanding car loan amount. He retired recently and can’t afford the high interest rates. So we are planning to close the loan account by paying the entire outstanding amount for which I’ll be paying using a cheque from my account. My question is can a third party issue cheque to clear an outstanding car loan?
How Do I Handle A Small Outstanding Loan (payable In Full Immediately) While Preparing To Purchase First Home?
August 7th, 2009I have a few thousand dollars of outstanding college loans and am looking into purchasing my first home this summer. I could easily pay off the loan with savings, but that would eat into my fairly pathetic down payment. I just read that paying off debts helps your credit score, which is why I am asking. Until now I was trying to maximize my down payment.
