local updates
What happens when you reaffirm a debt?
When you reaffirm a debt you essentially sign a new agreement that makes you personally liable on that loan again. This means that you are foregoing the b...
Read Journal Category
Local Updates
local updates
Who owns a Pagani Zonda?
According to a recent report, the Pagani Zonda HH was commissioned by David Heinemeier Hansson. If the name doesn’t ring a bell, Hansson is a 30 year-old ...
Read Journal
local updates
What happens if your car is totaled and you have a loan?
Here’s the bad news: if you have a loan or lease out on a totaled car, you’re still responsible for paying off the remaining balance. Usually, the insurer...
Read Journal
local updates
Do mechanics let you make payments?
Repair shop payment plan Most auto repair financing is offered as a payment plan in partnership with lending institutions. The plans may be offered as cre...
Read Journal
local updates
Can you pay off a car loan early and save interest?
Interest on a car loan can add up quickly. It is easy to save money by paying your loan off early. The amount of interest you pay every month does decreas...
Read Journal
local updates
Does a repo affect the cosigner?
Because the lender owns the vehicle until the loan is fully paid off, it can repossess the vehicle if the borrower is unable to make payments. Repossessio...
Read Journal
local updates
Should I reaffirm my car loan after Chapter 7?
A reaffirmation agreement can be advantageous to you because: You will keep the vehicle; You may be able to negotiate more favorable terms for the loan; a...
Read Journal
local updates
Does taking a loan from your 401k hurt you?
What’s more, if the interest you pay on your 401(k) loan is equal to or greater than the investment earnings you miss out on by taking a 401(k) loan, the ...
Read Journal
local updates
How do I get my title from Ford Motor Credit?
The notary, insurance agency or tag/title office will send Ford Credit a request for the original title. A front and back copy of the title is needed to r...
Read Journal
local updates
Can I get a deferment on my car loan?
Under a car loan deferment, the lender agrees to let you pay a lower payment or no payment at all for a month—or two, or three, but probably not much long...
Read Journal