technology insights
Are repo companies profitable?
The repossession industry is challenging and often profitable because the role of the repo man is tough. To put it bluntly, the job of the repo man is not...
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Technology Insights
technology insights
Will paying off a loan early hurt my credit?
Personal loans sometimes come with prepayment penalties. And while paying off a personal loan ahead of schedule certainly won’t ruin your credit, it can s...
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technology insights
What is peaceful repossession?
Repossession law prohibits a repo man from committing a “breach of the peace” during the repossession process. Breaching the peace during an auto loan rep...
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technology insights
Can I get 2 car loans at once?
You can have two car loans at one time, but it may be more difficult to qualify for a second loan. Lenders only approve you if your income and debt can ha...
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technology insights
Can you keep a car after a lease?
Car leasing options The lease can be packaged up to include operating costs (fuel, maintenance, insurance etc.). At the end of the lease, the employee cou...
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technology insights
How much is the penalty for late registration of vehicle in Louisiana?
The original registration fee is $34. If you pay the vehicle registration fees within one year from the date of expiry, you are subjected to a penalty of ...
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technology insights
How does a voluntary repossession work?
In a voluntary repossession, you return your vehicle to your lender when you are unable to make payments. You inform your lender you will not make payment...
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technology insights
Are service contracts on used cars worth it?
An automobile service contract is similar to a warranty—they both promise to perform or pay for certain repairs or services to your car. However, unlike a...
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technology insights
What happens after a writ of execution?
The writ gives the Sheriff the authority to seize property of the judgment debtor and is valid for 180 days after its issuance. You must give the Sheriff ...
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technology insights
Can auto loan be rescinded?
Basically, California allows an automobile purchase or lease agreement to be rescinded if it is based upon fraud, mistake, or significant non-disclosure o...
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