health
Does debt disappear after 7 years?
Generally speaking, charge offs and negative information may generally remain on a credit report for 7 years, although legal judgments may remain on a cre...
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Health
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What is a credit report important?
A credit report can act as a shining light into your financial background, helping reveal personal payment history and lending and credit worthiness. It c...
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What does payment reduction mean?
Reduced payment means a payment that is for less than the amount agreed upon in a subcontract in accordance with its terms and conditions, for supplies an...
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Can you buy a car in Ohio without a license?
Why can I buy a car without a license? There’s no law that requires a person to have a valid driver’s license in order to purchase a vehicle. It’s also pe...
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Does Carfax tell you if there is a lien on a car?
The DMV may report to CARFAX when a vehicle has been given a lien, but they do not necessarily report to us when the lien has been released. If you’re buy...
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How do banks sell repossessed cars?
Many banks and credit unions sell repo homes and vehicles directly to the public. Buyers just like you are able to negotiate with your local banks and pur...
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How do you change ownership of a car when someone dies?
Can you sell a car if the owner is deceased? MVR1A or RLV change of ownership form; RSA ID or Passport (if foreign national); Letter of Executorship – thi...
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What does the lemon law do?
The California Lemon Law (Civ. Code, § 1793.22) protects you when your vehicle is defective and cannot be repaired after a “reasonable” number of attempts...
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Do you still owe the bank after repossession?
If your car or other property is repossessed, you might still owe the lender money on the contract. The amount you owe is called the “deficiency” or “defi...
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What is the difference between repossession and voluntary repossession?
The Differences Voluntary repossession is exactly what it sounds like: you give up your car to the dealer or lender. If you don’t take the vehicle in your...
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