Monthly Archives: October 2009

Can I get auto financing at my age?

Nickaroni asked: I am 18 years old. I’ve been working at the same job for 6 months now, I make 10.38 an hour and I work about 35-40 hours a week. I have 3 months of credit history (credit card). … Continue reading

Posted in Buying & Selling | Tagged , , , , , , , , | 7 Comments

What does a bank look at when you apply for an auto loan?

Cloth on Bum, Breastmilk in Tum! asked: Mostly I want to know if I should pay off my husband’s truck before or after I apply for the loan for my new car. Which will look better on our credit reports … Continue reading

Posted in Buying & Selling | Tagged , , , , , , , , , , , , , , | 4 Comments

I think I am being ripped off by my auto financing company?

Mrs.Banks asked: My 2000 Chevy Impala is financed through Consumer Portfolio Services. I have recently read so many negative feedback about this company that I didn’t even have time to read everything the consumers wrote. I got the Impala on … Continue reading

Posted in Other - Cars & Transportation | Tagged , , , , , , , , , , , , | 3 Comments

Can a collections agency sue me?

Mario G asked: Here is the deal. I owe 44,000 for a auto finance. the collection agency gave me a settlement of 28,000. They said if I don’t make a payment by tommarow it will go into a lawsuit. Can … Continue reading

Posted in Credit | Tagged , , | 9 Comments