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  2. What is a pay-for-delete letter? - AOL

    www.aol.com/finance/pay-delete-letter-195458239.html

    Potential drawbacks of a pay-for-delete letter. The premise of a pay-for-delete letter is simple: You offer to pay off the debt, either in full or as a negotiated settlement, and the creditor ...

  3. 5 Strategies for Paying Off Car Loan Early - AOL

    www.aol.com/5-strategies-paying-off-car...

    Payoff penalties are legal in 36 states and allow lenders to charge you a penalty (usually a fixed percentage of the remaining balance) for paying off your car loan early.

  4. Lease Payoff vs Buyout: Here Are The Differences - AOL

    www.aol.com/lease-payoff-vs-buyout-differences...

    Learn several differences between a lease payoff amount vs. buyout price when leasing a vehicle and explore your alternatives in different leasing scenarios.

  5. Demand letter - Wikipedia

    en.wikipedia.org/wiki/Demand_letter

    A demand letter, letter of demand, [1] (of payment), or letter before claim, [2] is a letter stating a legal claim (usually drafted by a lawyer) which makes a demand for restitution or performance of some obligation, owing to the recipients' alleged breach of contract, or for a legal wrong.

  6. Warrant of payment - Wikipedia

    en.wikipedia.org/wiki/Warrant_of_payment

    In government finance, a warrant is a written order to pay that instructs a federal, state, or county government treasurer to pay the warrant holder on demand or after a specific date. Such warrants look like checks and clear through the banking system like checks, but are not drawn against cleared funds in a checking account (demand deposit ...

  7. Debt settlement - Wikipedia

    en.wikipedia.org/wiki/Debt_settlement

    However, stopping payments to creditors as part of a debt settlement plan can reduce a consumer's credit score by 65 to 125 points, with higher impacts on those who were current on their payments prior to enrolling in the program. [10] And missed payments can remain on a consumer's credit report for seven years even after a debt is settled. [10]