An auto loan or lease is a great way to get behind the wheel without emptying your savings. But if you can no longer afford your monthly payments or are on the verge of becomingupside downon your loan, there are ways out. If you bought your vehicle, you could renegotiate or refinance ...
How to Get Rid of Private Student Loans: 4 Extra Tricks Servicers Won't Tell You #1 – Cut a Quarter Point Off Your Interest All student loan servicers are required to offer their borrowers a quarter-point discount off their loan rate for enrolling in auto-pay. That is when you have ...
You're allowed to sell your car with a title loan, as you retain ownership of the vehicle.However, you'll generally have to notify the lender beforehand and may have toobtain written consentdepending on the law in your state. Video of the Day As with any other auto loan, a lien agains...
credit inquiries have become an inevitable part of our lives. Whether you're applying for a credit card, a mortgage, or an auto loan, your credit report is often scrutinized by potential lenders. While these inquiries are necessary for lenders to assess your creditworthiness, they can ...
Before selling a vehicle, you’ll want to consider a few factors. First, consider the cost of repairs. If repairing the vehicle so it operates properly will cost more than the car’s value or more than you still owe on an auto loan, selling might make sense. When exploring this option...
How can people get rid of their student loan debt and when is loan forgiveness an option? Statistics show how deep in student loan debt U.S. college graduates are and the sums can be alarming to individual borrowers. Fortunately, students may be able to take advantage of income-based repaym...
Auto lenders repossess vehicles and auction the cars to recover their losses. You're responsible for the difference between the sale proceeds and the outstanding loan debt. Repossessions can appear on credit reports as unpaid, charged-off, settled, or delinquent and in collection, depending on ho...
Of those holding student loan debt, 8% are in default. Auto/retail loan delinquency rate is 8%. To maintain an excellent credit score it is vital to make timely payments. However, there are many circumstances that lead to late payments or debt in collections. The good news is that there...
Use anauto loan calculatorto see how interest rate discounts can help you save money. 2. Apply Unexpected Influxes of Cash You may get unexpected bonuses or other windfalls throughout the year. Applying that influx of cash toward your car loan as a lump-sum payment can pay off a substantia...
There is probably not much chance of negotiating your student loan rates but check with your lender to see if you might be able to get a discounted rate for using auto-pay, orconsider trying to refinance those loans. If you’re intimidated by the prospect of trying to negotiate with credit...