Question: Dear Steve, I took a loan from Title Max, and I’ve been paying the interest with $308 every month for almost six months. My vehicle is now messed up, and I’ve had it fixed, but the mechanic informed me about all the multiple problems aside from my main problem & how I do need …
Question: Dear Steve, I have credit card debt but yet need a new car. I am in debt of about $15,000. I also need a new car very badly. Should I get a loan to pay off my credit card debt and have one payment? But then I would have to get yet another one …
Question: Dear Steve, I took out a title loan from Montana Capital (Simple Cash Loans) in 2016. Unfortunately, I lost my job and couldn’t continue making the payments. Tax records downloaded from the IRS website show the entire debt was canceled in 2019. I still have possession of the car, but Montana Capital is still …
Question: Dear Steve, My car was hit by a train. I have a contract with CarHop, and my insurance had lapsed. How do I get their money and buy from them again? Is bankruptcy the way I should go? Can I file bankruptcy to get Car Hop’s money to them? Joseph Answer: Dear Joseph, I …
Q: Does a credit union have to provide a member in writing the amount of interest paid on a loan for tax purposes? A: Depends on what kind of loan it is. Reporting would be voluntary or required by IRS on certain types of loans. Q: How can a financial company put a charge off …
Question: Dear Steve, I own a vehicle with a loan held by American Credit Acceptance, LLC. I live in South Carolina, and my vehicle currently has repossession orders. Please let me know if there is any way that I can link my vehicle to these lawsuits, have it paid off and the delinquencies removed from …
Question: Dear Steve, I was doing chemotherapy at the time. I’m a colon cancer survivor. My daughter is a single parent of two small boys and had to move to Tracy, CA cheaper cost of living. I needed to babysit so she could work along with continuing my treatment. Long story short, Anyway, all was …
Question: Dear Steve, I need help paying off my title loan to keep my truck and make money because I am homeless and unemployed, and all I have is my truck, and I’m sleeping in it. Dennis Answer: Dear Dennis, You are trapped in a vicious circle. You probably took out the title loan for …
Question: Dear Steve, After 3 or more decades with State Farm, my auto and homeowners were not renewed. Three accidents occurred while my husband was backing out of grocery store parking lots. One accident was dropped due to deferred adjudication. Dates were 12/15/2020, 6/22/2019, And 10/1/2018. The deferred adjudication was 1/14/2020. The lady in the …
Question: Dear Steve, I took out a $4500 car title loan and fell past due. I dodged answering my phone when falling behind, and recently a few days ago, my car was repossessed by the company with all my personal/confidential possessions inside. To refinance the loan, I’d have to pay $2000, and the entire balance …