media and communication
At what point is it not worth fixing a car?
When repair costs start to exceed the vehicle’s value or one year’s worth of monthly payments on a replacement, it’s time to break up with your car, accor...
Category: Media And Communication
media and communication
Can learner drivers buy a car?
The short answer is yes! You can buy a car as a learner driver. You may not be able to legally drive one on your own, but you can buy one. Can I buy a car...
media and communication
Can a brother and sister take home loan together?
Siblings (2 brothers/ 2 sisters): Two brothers can be co-applicants of a home loan only if they live together in the same property. They must be co-owners...
media and communication
Can I keep both cars in Chapter 7?
In some cases, you can keep two cars when you file for Chapter 7 bankruptcy. Also, if you’re making car payments, must be current on the loan, and you mig...
media and communication
Are Cobuyer and cosigner the same?
A co-buyer helps the primary borrower get approved for auto financing if they lack a qualifying credit score, just like a cosigner. However, unlike a cosi...
media and communication
What happens to loans in straw buyers names?
The collateral of the straw buyer is then grossly overinflated. The straw buyer receives the car and a kickback. Ultimately, the loan is never repaid, and...
media and communication
How can I get my car back without ruining my credit?
Getting Out of an Auto Loan Refinance – If you want to keep your current car, but want a different auto loan, then refinancing is the way to go. Trade-in ...
media and communication
How long do you have to return a new vehicle in Texas?
Under Texas Law, you do not have 3 days to cancel the purchase like you may with some transactions the dealer is required to register and title the vehicl...
media and communication
What causes downforce?
Downforce is a downwards lift force created by the aerodynamic features of a vehicle. If the vehicle is a car, the purpose of downforce is to allow the ca...
media and communication
What happens if car dealership forgets to take down payment?
California’s vehicle financing laws are very strict, and if the dealer that sold or leased a vehicle to you failed to properly disclose your deferred down...
media and communication
How many people actually lease cars?
More than one out of every four new vehicles were rented, rather than bought, by American consumers — and the percentage choosing a lease has risen sharpl...
media and communication
What is accrued interest on a car loan?
In accounting, accrued interest refers to the amount of interest that has been incurred, as of a specific date, on a loan or other financial obligation bu...
media and communication
How much are taxes and fees on a new car in Illinois?
Standard tax, title and license fees charged on a new vehicle in Illinois are as follows: Sales Tax: 7.25% (additional county taxes may also apply) Title ...