Tag Archives: debt


There’s no debt relief from the repo man

There’s no debt relief from the repo man The lender can repossess your car or boat, but you will still owe the debt. Here’s what to expect. Read more on Bankrate.com via Yahoo! Finance
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World Cup fever could lead to more debt

World Cup fever could lead to more debt A surge of applications for debt review are expected in July as consumers decide to splurge on World Cup tickets, alcohol and fun. Read more on Independent Online
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Canadian companies’ low debt levels prepare them for higher interest rates: CIBC

Canadian companies’ low debt levels prepare them for higher interest rates: CIBC TORONTO – Canada’s corporate sector currently has record low debt levels, so companies in this country are in a strong position to withstand the higher interest rates that are on the horizon. Read more on Brandon Sun
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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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