Tag: credit score

Auto repossession occurs when a car owner defaults on loan payments, leading to the vehicle being seized by the lender. This event often results in a financial burden known as a deficiency balance. This balance represents the gap between the…

If you are in the market for a new car, most likely you will finance one. After all, few people can come up with the funds necessary for an all-cash deal. Financing, though, is fairly straightforward. This means there are…

Is it possible to refinance an auto loan? Unequivocally, that answer is “yes.” We may believe that only houses are refinanced, but that isn’t true. Indeed, just as you can save a bundle by refinancing your home, there are savings…