Archive for the ‘Credit’ Category

What happens if a finance company never repossesses a vehicle that has been discharged in bankruptcy?

Wednesday, June 4th, 2008

lucky asked: What happens if a finance company never repossesses a vehicle that has been discharged in bankruptcy? No payments have been made in 14 months...Bankruptcy discharged in June of this year. Finance company has our current address and phone number.

How quickly can I finance a car after my bankruptcy is discharged?

Tuesday, June 3rd, 2008

Chelsea B asked: We are filing a Chapter 7 bankruptcy, and it is due to be discharged by May. How long after that can we finance a car for a decent rate?

What exactly is a finance charge, and under what circumstances will I need to pay one?

Thursday, May 22nd, 2008

X-Malleus asked: Pretty much exactly what the main question says. I have no idea what a "finance charge" is. For instance, would I be charged a finance charge if I charged a purchase, and then paid the balance immediately? Any additional information that could be given ...

How does the finance person from the dealership I bought my car make his money?

Monday, May 5th, 2008

timmyliao2001 asked: Here is the deal. I kind of got taken from a shady Persian gentlemen who did the financing for me at my local Honda dealership. So he got me for a higher interest rate, lied to me so I would purchase stuff like extended warranty and gap insurance. ...