Tag Archives: credit


Fed: Credit companies admit profiling credit card users

Fed: Credit companies admit profiling credit card users What you buy and where you buy it can sometimes be held against you by your credit card issuer, a Federal Reserve report to Congress Friday reveals Read more on FOX Business
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Tax credit keeps housing market rolling through April

Tax credit keeps housing market rolling through April WASHINGTON – Sales of previously occupied homes appear to have risen 5.2 percent in April as government incentives provided temporary fuel to the housing market. Read more on The Tennessean
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What is the statute of limitations for auto repossession?What happens after 7yrs and it off the credit report?

After 8 years and a repo is removed from you credit report. Can another company try to collect? What is the statute of limitations on this matter? It never went to court. No judgement. I don’t have the car. It was repoed 8 yrs ago.
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How bad would the repossession by ‘we finance auto’ affect my credit?

I had to buy a used auto from ‘we finance’ like early this year due to no credit establishment. And I have been sucked paying over 200% of the blue book price. And I don’t want to keep paying that because financial situation these days is not really good. If I stop paying monthly payment [...]
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Why is a car repossession so much worse than regular unsecured credit cards debt and charge-off?

when the car is actually a secured loan. what is the logic behind it that’s so much worse than regular debt unpaid? if someone’s credit is already shot, say 600, how much damage can repo do?
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Tax Credit Frenzy Lifts Housing Market

Tax Credit Frenzy Lifts Housing Market Homebuyers rush to qualify for tax credits before they expire; frenzy lifts the housing market Read more on ABC News
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How does a voluntary repossession affect your credit?

Here is the deal. I have a $535 per month car note. I can afford it, but I would love to get a lower payment so that I can pay some principle down on my home. The new car note would be $237 or less. Thats ~$298, approximately back in my pocket. Should I take [...]
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How can one have repossession erased from their credit report?

My friend’s car was repossessed last month but, she was able to get the car back. It still shows on her credit report. What can she do to have it erased or removed?
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how does a voluntary vehicle repossession affect your credit?

How points go down? Is it considered a collection? How long does it stay on your record? If a lease, does that payoff go on your record?
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what is the difference, if any, between repossession and surrendering my car? how does this affect my credit?

I am moving to Hawaii and it will cost so much money to have it shipped there. I am thinking about surrendering my car back to the bank, which financed the car loan. Is this the same as repossession? How would this affect my credit? I just got the car last year.
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