Hitting the Brakes: Can You Return a Financed Car? So, you’ve got a car on finance and suddenly it feels like it’s not the right fit anymore. Maybe your lifestyle changed, maybe you’re facing financial difficulties, or maybe you just fell in love with another set of wheels. Whatever the reason, the question pops up:...
Driving Away Happy: A Step-by-Step Guide to Registering Your Financed Car So, you’ve just snagged your dream car – congrats! Now comes the less exciting, but crucial, part: registering it. When financing a vehicle, there are a few extra steps compared to buying outright. Don’t worry though, we’re here to break it down and make...
Unlocking the Mystery: What is IOU (Interbank Offered Rate) and Why Should You Care? Ever wondered how banks lend money to each other overnight? It’s not as simple as a handshake agreement! They have a whole system for setting interest rates on these short-term loans, called the Interbank Offered Rate, or IOU for short. Don’t...
Driving Through Debt: Can You Keep Your Financed Car in Chapter 7 Bankruptcy? Facing financial hardship can be incredibly stressful, especially when it impacts something as essential as your car. If you’re considering filing for Chapter 7 bankruptcy and rely on your car for work or daily life, a big question arises: can you keep...
Hitting the Brakes on Debt: Can You Keep Your Car When Filing Bankruptcy? Facing financial hardship can be overwhelming, especially when it involves your beloved car. It’s understandable to wonder if you’ll lose your wheels if you file for bankruptcy. The good news is, the answer isn’t always a straightforward “yes” or “no.” Bankruptcy laws...
Hitting the Brakes: Can You Really Return a Financed Car? So, you’ve got that shiny new (or gently used) car sitting in your driveway, but it turns out it isn’t quite the perfect fit after all. Maybe the monthly payments are stretching your budget thin, or perhaps you realized you need something bigger for the...
Can They Take Money From My Paycheck? Understanding Wage Garnishment Let’s face it, dealing with debt can be stressful. Sometimes things get tough, and you might find yourself struggling to make payments on loans or credit cards. But what happens when those debts go unpaid for too long? Can a finance company actually reach into...
Snap Finance Got You Snapped? What Happens If You Don’t Pay Snap Finance, that handy financing option for those surprise car repairs or unexpected furniture purchases, can be a lifesaver in a pinch. But like any loan, it comes with responsibilities. So what happens if you find yourself struggling to keep up with payments? Can...
Can Your Business Get Behind the Wheel? Financing a Car Through Your LLC You’ve got your dreams set on a shiny new company car, but you’re not sure if your LLC can handle the financing. It’s a question many entrepreneurs ask themselves: can an LLC buy a car? The short answer is: yes, in most...
Need Your Ride Fixed? How a Mechanic’s Lien Can Help Get You Back on the Road Ever felt stuck between a rock and a hard place when it comes to paying for unexpected car repairs? You know you need your vehicle fixed, but the bill seems insurmountable. Maybe the repair shop says they won’t release...