by John D. Darer CLU ChFC CSSC RSP
When leasing a car, if your state increases its sales tax, your car leasing company will likely increase your monthly payment to account for the change. The increase may be small but the consequences could bite you if you do not pay attention. Here's why…
if you make your lease payments through an on line billing system and you fail to notice the difference in time to make an adjustment, you could be faced with late fees that the leasing company will not credit!
Always open your bill, even if you are making automated payments online through your bank or brokerage account.
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