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Old 09-01-2000, 09:10 PM
muffinman
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Is it legal for a bank to refuse a partial payment,thus causing you to fall further behind on a loan payment.
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Old 09-02-2000, 01:29 PM
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<BLOCKQUOTE><font size="1" face=" Arial, Verdana, Helvetica">quote:</font><HR>Originally posted by muffinman:
Is it legal for a bank to refuse a partial payment,thus causing you to fall further behind on a loan payment.<HR></BLOCKQUOTE>

Yes it is. Although it makes no common sense, lenders commonly employ this strategy for legal reasons.
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