How does a down payment affect a car payment?

Answer Many car dealerships require you to have a down payment when you are financing a car. A down payment decreases the chances that you will default on the loan. Having a down payment also affects the ... Read More »

Top Q&A For: How does a down payment affect a car payment

What is the difference between down payment and under table payment ........?

In the US when we close on a house there is not a line item on the closing statement (HUD1) for the "down payment". Instead it just shows that you obtained X amount from your loan and owe so much ... Read More »

How Does an SSI Back Payment Affect Medicaid Eligibility?

Medicaid is a state-operated, federal- and state-funded health insurance program for low-income individuals from specific qualifying groups, including pregnant women, children, the elderly and the ... Read More »

How much does one late payment affect a credit score?

Credit-scoring agencies are more lenient when it comes to late payments than many may assume. However, if a payment is 90 days late or more, it has a long-term negative effect. The specific damage ... Read More »

Does a two-year payment history affect a credit score?

A two-year payment history affects your credit score. It is important to make payments on time; late payments have an adverse effect on your credit-score rating. The amount paid towards the balance... Read More »