paying before trailer is here
just informed from the bank that my trailer payments start next week. Think I need my trailer first, gave them 11500 down payment trailer wont be here until 3rd week of may. I don't think iam paying f...
Forum Discussion
The bank loans the money to YOU- they have nothing to do with delivery dates of the object you're using the money for. All they care about is getting payments on the loan according to the schedule you agreed to.
Also:
Unless there's a clause in the loan papers that says the interest clock doesn't start ticking until you have the trailer, I'd think twice about asking for a delay in commencing payments. Could cost you a bundle in interest!
If there isn't a deliver-by clause in the order you placed with the dealer, there should have been...
Also:
Unless there's a clause in the loan papers that says the interest clock doesn't start ticking until you have the trailer, I'd think twice about asking for a delay in commencing payments. Could cost you a bundle in interest!
If there isn't a deliver-by clause in the order you placed with the dealer, there should have been...
