Category Archives: Law & Ethics

is impound reason alone for auto repossession?

yield to cyclists asked: arizona. jp morgan chase auto finance has been my lien-holder since the loan started. i have never had a late or insufficient payment. the vehicle has always been fully insured and registration has been always been … Continue reading

Posted in Law & Ethics | Tagged , , , , , , , , , , , , , , | 5 Comments

No Money Down Auto Financing

Earnest Young asked: Talk about loans and talk about rates of interest, credit rating and affordability. When these forces come together, it becomes practically impossible to even imagine going in for a loan you so desperately need to buy that … Continue reading

Posted in Law & Ethics | Tagged , , , , , , , , , , , , , , | Comments Off

Can a Finance Company hold personal paperwork such as passports and DD214s (military service records)?

SolidSnake21 asked: I recently had my auto repo’d and inside were my passport and some other important paperwork. Can a finance company hold these items? I have tried to contact them and they are unwilling to give me any info … Continue reading

Posted in Law & Ethics | Tagged , , , , , , , , , | 2 Comments