Tag Archives: car payment
- What Happens to My Credit if I Make a Partial Car Payment? – Nicole
“Dear Steve, Just a curious consumer. I have paid partial payments on a car loan and I wondered what will reflect on my credit report. If I paid a partial payment on my loan can the loan company still report me as late on my credit report?also I was wondering if hypathetically I was say [...]
- What Can I Do About My Car I Can’t Afford Anymore? – Jared
“Dear Steve, About a year ago I had a great job selling life insurance making a lot of money(to me at least), wrecked my old car, so I needed to buy a new car. After awhile of thinking I had come to the conclusion that for my job I needed a nice car (for appearance [...]
- I’m Living With My Ex-Boyfriend and Can’t Afford to Move Out. – Kelly
“Dear Steve, My name is Kelly and I’m in a bit of a pickle. I have a car loan with the remaining balance of $28,417.00, I make $652.59 payments every month. I’m trying to look for my own place, bec I currently live with my ex-boyfriend. But in order for me to be able to [...]
- Two Months Late on Car Payment But Want to Avoid Repo. – Linda
“Dear Steve, I am two months late on my car payment, and I can’t afford to pay it. I have done refinanced the car last year so they won’t be able to do it again. I just deferred two payments back about 3 months ago, so trying to defer a payment is out of the [...]
- When You Can’t Make Your Vehicle Payments
If you find yourself unable to make your vehicle payments, you’ll want to act quickly. In most states, if you miss a payment, whether you have bought or leased the vehicle, the lender has the right to repossess it almost immediately. Here are some strategies to consider when your vehicle payments become too much, including [...]
- We’ve Already Deferred Two Loan Payments But That’s Not Enough. What Can We Do? – Kathe
“Dear Steve, We are in our 50s. We’d been doing well and racked up some serious debt. Ashamed to say how much but … over 70,000. This includes credit cards and loans. Not including our home. Last month I lost my job and have been looking (yes, looking hard!) but have not found anything as [...]
- Need My Car and 3 Months Behind. What Can I Do? – Rita
“Dear Steve, My husband has been unemployeed and I work full time. We had to move out of last home due to toxic mold. I am 3 months behind in car payments and they want to take my car. It is the only way i can get to work to get groceries for my kids [...]
- Should I Let the Loan Company Take the Truck? – Cindy
“Dear Steve, The car loan company was going to work with me but faxed by papers on a Saturday (last day of the month) when I was not at work so they say they can’t help me now. My husband is out of work. Should I let them take the truck back? I will then [...]
- Would it be Wise to Pull the Cash Out of the 401k and Pay Towards Our Debt? – Brandy
Brandy “Dear Steve, I am 30 and my husband is 40.We have 27,000 in his 401k (we have lost almost 10,000). We dont have much as far as credit cards but we are drowing in a house payment, 2 Vehicle payments (1300 per month) and a payment on a rental property that we are unable [...]
- “I Have Three Degrees But I’m Broke And Miserable”
Theresa “Dear Steve, I have $75,000 in school loans and I have one job bringing in $360 per week after taxes and another job where I make $150 per week after taxes. My car payment is $251, rent is $600, utilities are $130, Food is $80, and water is $45. I have a 401(k) with [...]
- Kayte Has Drained Her Savings And Can’t Pay The Bills Anymore
Kayte “Dear Steve, My husband and I have roughly $75,000 in credit card debt. Due to the economy, we both have experienced a substantial decrease in our income (i.e., commission based pay). We have exhausted our savings trying to keep up with our mortgage payment, credit card payments, car payments and other cost. We are [...]
- I Am 71 Days Behind on My Car Payment. I Am On Unemployment. – Pamela
Pamela “Dear Steve, I am 71 days behind on car payment. I am on unemployment. I was in a car accident back in January and hopefully will be settling soon. I was released from doctors care October 12th. I have been seeking a new job since July. I finally signed up with some temp agencies [...]
- Recent Searches for Debt Advice
I thought you might be interested in some recent search requests from visitors. It helps to give you a snapshot of what is on the minds of people looking for help. hide phone number from debt collectors how to get out of deebt experts advice on getting rid of debt better management of credit rating [...]
- Will We Be Evicted or Have to Still Pay Our Rent if We Go Bankrupt? – Lizzy
Lizzy “Dear Steve, My husband and I are considering filing for bankruptcy. WE have a lot of debt. We dont know how we are even going to pay next months rent. We have two little children as well. Car payments coming up… etc. How does bankruptcy work? Will we be evicted out of our current [...]
- Steve Writes In “I Want to Cash Out My 401(k) And Pay Off Debt.”
Steve wrote me through the GetOutOfDebt.org site to ask his question below. You can too! “Dear Steve, I currently make $46,000.00 per year with no benefits. My wife’s income is $19,800.00 per year. Three years ago her income was $35,000.00 per year. We have racked up about $20,000.00 in credit card debt and have a [...]