education
What if my car never gets repossessed?
WHAT IF THE LENDER DOESN’T REPOSSESS YOUR CAR? This means that: You are stuck with it – if the lender doesn’t come to pick up the car. You can’t sell it –...
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Education
education
Can your car get repossessed out of state?
But, the repo man can repossess your car if you park it outside. My car payment is … Eventually, the repo man is more than likely going to find the car an...
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education
What is better secured or unsecured loan?
Unsecured personal loans typically have higher interest rates than secured loans. That’s because lenders often view unsecured loans as riskier. Without co...
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education
How do you sign a title over to a family member?
In simple situations where you own the vehicle outright and wish to transfer ownership to someone else, all you must do is complete a title certificate. O...
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education
Was the Olive Branch Petition successful?
The Olive Branch Petition was a significant, yet doomed, attempt to preserve the relationship between the British government and the colonies before the c...
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education
Are Cobuyer and cosigner the same?
A co-buyer helps the primary borrower get approved for auto financing if they lack a qualifying credit score, just like a cosigner. However, unlike a cosi...
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education
Is Freon 12 still available?
International manufacturing of new R12 ceased in 1996, but existing R12 can still be reclaimed and purified. Note that R134a is also sometimes called “Fre...
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education
What can I do if a car dealership lied to me?
You might be tempted to contact the salesperson to address the issue. Don’t do that! If he or she lied to you once, they will likely lie again. Instead, c...
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education
When you pay off a car where does the title go?
Once you pay off the loan, the lender removes its name from the title. You then receive a copy of the title. Although this is one way to ensure that you’v...
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education
What happens to loans in straw buyers names?
The collateral of the straw buyer is then grossly overinflated. The straw buyer receives the car and a kickback. Ultimately, the loan is never repaid, and...
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