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    nitelight198073's Avatar
    nitelight198073 Posts: 470, Reputation: 76
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    #1

    Dec 15, 2008, 11:08 AM
    Partial Payment
    Can a loan company refuse a partial payment?
    N0help4u's Avatar
    N0help4u Posts: 19,823, Reputation: 2035
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    #2

    Dec 15, 2008, 11:23 AM

    Yes they can.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Dec 15, 2008, 12:02 PM

    Yes, they can, if you are behind ( in default) of your loan they can demand full paymet
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #4

    Dec 15, 2008, 07:27 PM
    Quote Originally Posted by nitelight198073 View Post
    Can a loan company refuse a partial payment?

    Absolutely. I've seen companies postpone a month's payment, tack it on to the end of the note, as long as interest is paid, though.

    Does that help at all?
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