Sentences with phrase «not repossession»

it was showing as charge off on my credit report and not repossession.

This is not a repossession vehicle.

Not exact matches

The bank was found to have charged nearly 600,000 customers for insurance they didn't need, which led to about 20,000 repossessions, investigators said.

Because car value declines over time, repossession alone is often not enough to fulfill the outstanding debt, which leaves some consumers paying down a car they no longer own.

They may also be lumbered with a property that they can not afford to repay, and this will ultimately result in a default on the mortgage loan and the repossession of the property.

If the repossession was not included in a bankruptcy and there is still a balance on the account, you likely can still finance a car.

It also won't put any existing assets at risk of repossession, should you default on the loan.

In addition, when some customers did get adequate insurance and provide proof, the bank still kept the forced - placed policies on accounts or didn't refund the premiums, or related fees and charges including repossession fees.

There is much to criticize in Russia's foreign policy, especially if one is a Ukrainian nationalist, but the repossession of Crimea does not signal a revival of the Warsaw Pact.

He questions the repossession figures, which don't include people turning from owners to rent - payers, according to the Tory leader.

New York lawmakers have introduced legislation seeking to ban the option of leasing plans for pets that often come with terms that end up charging people double the animal's cost, with the threat of repossession if they can't keep up with the payments.

«It is critical that the government works with the banks to prevent large scale repossessions, not only for the benefit of the banks and borrowers concerned, but also to help keep the wider economy stable.»

However, possession orders do not inevitably lead to repossession occurring and can be abandoned at any time.

«For some people it can be the best option for them to allow their home to be repossessed... even in cases [where lenders look at repossessions as a last resort] some families may not be able to keep up with mortgage repayments even if they're re-negotiated and rescheduled.

Made in 2012, Ramin Bahranis rural farmland drama may not match the punch of his recent repossession tale 99 Homes, but his interest in social inequality is equally evident.

After the personal liability is eliminated, secured creditors can enforce their liens through repossession if you default on the loan, but they can not sue you for any deficiency.

However, if the foreclosure or repossession process has already started, bankruptcy may not permanently prevent it.

The accounts must be unsecured (not secured with collateral) but we will handle remaining deficiency debt after repossession.

For both types of loans, the borrower may not have foreclosures, repossessions, wage garnishments, unpaid tax liens, unpaid judgments or other public records having an open balance exceeding $ 100 during the last 7 years.

In many cases, if you offer up your car for repossession voluntarily, the lender will not report the failed agreement on your credit score.

Lenders are not concerned with whose idea the repossession was; they are concerned with the fact that a creditor had to take back merchandise rather than get paid as agreed.

But if your business doesn't have an asset that can be used as collateral or you choose not to risk repossession then, an unsecured business loan is the right option.

So two main reasons why you may not be a credit repair candidate is brand new delinquent late payments or recent charge offs and very large credit card debts or car repossessions that put the difference of what is owed on your credit file.

Falling behind your payments or defaulting not only risks repossession but it also can lead you to bad credit or even bankruptcy.

There are mainly two condition why one would be willing to refinance a car loan: a) If one wants to steer clear of repossession and can't afford the loan's monthly payments.

Carefully consider secured debt consolidation loans as you can lose your home or car to foreclosure or repossession if you can not repay your loan.

You need to be specially observant when it comes to mortgage lenders because the terms on the loans may push you towards default and on mortgage loans if you can not afford the monthly payments you may suffer repossession of the property.

If you need to finance your personal expenditures but don't want to risk repossession of your home, you can always apply for an unsecured personal loan...

Unsecured loans are not guaranteed with any asset, thus, the risk of repossession does not exist.

Personal loans are usually unsecured, so you don't risk foreclosure or repossession if you miss a payment.

Chances are you won't be able to pay the repossession debt in full, so it's best to contact the creditor and make payment arrangements.

Likewise, while utilities (e.g., electric or water) can't deny someone service based on their credit report, they can require a higher deposit before starting service to those with late payments, collections, and repossessions.

But remember, secured loans carry the risk of repossession and sometimes, if you are not too sure about your ability to repay, unsecured loans are not such a bad choice.

This means that secured creditors can enforce their liens through repossession if you default on the loan, but they can not sue you for any money.

Hiding your car only temporarily alleviates repossession and is not recommended.

There are a lot of states that do not require lenders to give delinquent notices prior to the repossession.

So, hiding your vehicle to prevent Georgia repossession is not a good idea.

Some states require a written notice before repossession, but Utah does not require this.

«If you don't pay up, we're going to send the sheriff to your home with an order authorizing repossession of your 52 - inch plasma television.»

With a 680 score, absent any red flags — such as a bankruptcy, foreclosure, eviction or vehicle repossession — your credit history is not likely to cost you a job or an apartment.

Non Payment of Title Loan: If a customer does not pay per the specified dates on the note and security agreement their vehicle could potentially become subject to a repossession.

Thus, not only you'll avoid becoming delinquent on an auto loan with the consequently non-alteration of your credit score or history, but you'll also get to keep your car and avoid repossession.

Bankruptcy can not indefinitely prevent foreclosure or repossession of collateral for secured loans, such as car or home loans.

Repossession and Sale of your Motor Vehicle: If you do not repay your motor vehicle title loan in accordance with your loan agreement, the motor vehicle title lender may repossess and sell your motor vehicle in order to recover any outstanding amounts that you owe.

IF YOU DO NOT REPAY YOUR MOTOR VEHICLE TITLE LOAN IN ACCORDANCE WITH YOUR LOAN AGREEMENT, THE MOTOR VEHICLE TITLE LENDER MAY REPOSSESS AND SELL YOUR MOTOR VEHICLE (see section below on «Repossession and Sale of your Motor Vehicle»).

Taking your unsecured debts — credit cards, medical & hospital bills, business debts, payday loans, collections & repossessions — and putting them into a new secured loan may not be the best idea.

If repossession of an item isn't an option, lenders have little recourse besides hurting your credit.

It's a good practice to not leave any valuables in the car if you're on the verge of repossession to avoid theft or damage.

Claims for child support, personal injury, defamation and mortgage or rent repossession do not use the simple procedure.

A wrongful repossession occurs is when the creditor either does not follow the proper procedures to repossess the property or if the creditor has no right to repossess the property in the first case.