Economics Finance

It’s bad enough to be in a car accident that results in a total loss, but to add insult to injury you find out from your insurance company that your two year old car is worth only 40% of its original value and then to top it off your finance company tells you that after two years of making payments you’ve barely made a dent in your loan.

The result? You get a $10,800 check from your insurance company to pay off a $22,000 car loan. Welcome to the danger zone for car loans. Continue reading ‘Is Your Car Loan in the Danger Zone?’ »

Bankruptcy is a big step that should never be undertaken lightly. Perhaps you have recently been through bankruptcy or are considering filing for bankruptcy. The type of bankruptcy protection that you filed for or will file for will make a big difference in the speed with which you will be able to rebuild your credit file and qualify for loans, such as those needed to purchase a car, truck, or SUV.

Chapter 7 Or Chapter 13? It Matters When Considering A Bankruptcy Car Loan Continue reading ‘Bankruptcy Car Loans- What You Need to Know’ »