The amount of time a person has to pay on a car loan depends on the laws governing the area they live in, as well as on contractual agreements with the car loan company. According to the Federal Trade Commission, some creditors are allowed to seize vehicles the moment the loan goes into default. Usually, default is legally defined as not making a payment on time.Know More
Creditors have discretion on how much time they allow someone to make a car payment. According to Edmunds, grace periods vary according to factors determined by creditors. For example, a person that usually pays on time may be given more leeway than someone that always pays late.
Payment periods may also be discovered by reading the loan contract. Ultimately, the car owner is responsible to contact the lender in order to discuss delinquent payments before the lender takes action. Lenders might be agreeable to an extension of up to 30 days. If such an extension is granted, it is important to note that the car owner has 30 extra days from the regular payment due date.
If car payments extend beyond the due date and a repossession is imminent, car owners should remove all personal items from the car.Learn more about Financial Calculations
Individuals wishing to pay their T-Mobile bill online should log in at the official website, select Billing, click the Pay Bill button, and fill in the fields required for payment processing. The payment usually posts immediately, but customers can contact T-Mobile Customer Service if it hasn't posted within two hours.Full Answer >
The Social Security Administration calculates disability using a complex formula based on the average lifetime earnings of the applicant before the disability began, says DisabilitySecrets.com. The pay is not based on how severe the disability is.Full Answer >
To "gross up" an amount, a person will need to find all of their deductions and add those deductions to the person's salary in order to determine their individual net "gross up" amount. Most of the time, businesses or employees will gross up their salary and then receive the grossed up amount without taxes or other deductions taken out by the business.Full Answer >
A person can calculate capital allowances by taking the costs associated with the purchase of certain business assets and then deducting those costs from pretax profits, notes GOV.UK. Specific assets eligible for the capital allowance deduction include equipment, machinery and business vehicles.Full Answer >