When the purchase of a vehicle is financed, the lender usually becomesa lien holderon the certificate of title. This lien protects the lender against a private sale prior to the payoff of the loan. The lender will be identified on the title by name and address, and will be recorded with ...
a clear title is unencumbered by loans or shared ownership and is eligible for financing and immediate sale without the need for a release of lien; a bonded title is one in which the seller must put up funds equivalent to the vehicle’s value (a bond) that is good for several years bec...
In the insurance context, a private passenger car is one used for personal, non-business purposes. These vehicles generally have the following characteristics: A vehicle with 4 wheels. A vehicle that, if driven on public roadways, would require automobile insurance. Used for private purposes, such...
Building an investment portfolio may require personalization and finesse, but it can also be ultra-simple.
Tax treatment: ETFs are generally considered more favorable from a tax perspective, as you’ll only incur capital gains taxes when you sell. Opting for an ETF could result in lower tax liability than investing in an index mutual fund. Retirement savings vehicle: Workplace retirement plans often...
If someone files a claim on the bond, the surety will initially pay the cost of the claim. This agreement protects the principal. However, the principal must pay back the cost of these damages in full at a later date. Surety bonds must be underwritten before they are given. This is beca...
this is a place for people expecting your 2nd child to share ideas concerns or to just chat :) 3.65K Discussions 56.8K Members Join Group Group Feed Latest Activity Emotional Whiplash Anyone else feeling their feels to an extreme?I keep looking at my son and feeling even more in love with...
In a car, GT stands for grand tourer. According tocontinentalautosports.com, the grand tourer is a luxury vehicle built for both high-speeds and long-distance. It’s what many think of when a James Bond car comes up in a conversation. Grand tourers are classy cars that are sought after...
Someone Pays Bail Bond Fee:When a bail bond is secured through a bail bond agent, the defendant or their representative usually pays a non-refundable fee. This could be something like 10% of the bond amount. This fee compensates the bail bond agent for their services and the financial risk...
A CD may be a good idea if you want some of your savings invested conservatively. It can help you achieve lower risk and volatility than investing in the stock and bond markets. One of thedownsides of CDsis that your money is locked into the investment. However, that can be a benefit ...