Question: Dear Steve, So I leased my car from a buy here pay here. I now currently live in another state and my car has been up for repo since August. I have not been bothered by the company since November 2017. I just lost my car key fob and was wondering if I bring …
Question: Dear Steve, I purchased a used car for my daughter added a gap waiver. My daughter totalled the car insurance paid their part gap insurance paid less than balance due which the gap waiver is supposed to cover now bank says no because they cite some interior damage but the waiver doesn’t list exceptions …
Question: Dear Steve, My auto loan company placed me on a six month reduction in payment per month due to not having a job; however, they refused to give it to me in writing, but they never took the car. Also, they never told me that the reduced monthly payment amounts that they asked for …
Question: Dear Steve, I have a 2008 Chevy Malibu that I defaulted on the loan to Wells Fargo in 2015 when my work fell way off. I tried to negotiate reinstatement but they ignored both my calls and letters. I even had an attorney write them and got no response. I have kept the car …
Yesterday the Consumer Financial Protection Bureau (CFPB) today took action against TitleMax parent company TMX Finance LLC for luring consumers into costly loan renewals by presenting them with misleading information about the deals’ terms and costs. The lender also used unfair debt collection tactics that illegally exposed information about debts to borrowers’ employers, friends, and …
Question: Dear Steve, I took a 6 year car loan out on a car with a trade in that added debt to the loan- lost my job and can’t afford the $1000 to mange car payments etc Considering a voluntary turnover of the car to the finance company. I had a small amount of money …
Question: Dear Steve, My husband did a pre-approval on an auto loan. He only gave his permission to pull out his credit file with one auto dealer whom he intends to purchase the car from. Found out from credit report – eight entities pulled out his credit file – simultaneously in two days! Putting a …
Question: Dear Steve, I have always had a hard time ever since age 27 and now I am 41 on finding ways increasing my bank account cash flow. I want to buy a car before 2018 but only get $50.00 a month. I don’t qualify for a car loan because I am self employed and …
Question: Dear Steve, I am currently leasing a 2015 Kia Sorento AWD v6 EX. My payments are huge and it is putting me in financial trouble with my other obligations. My lease is over in 5/14/17 and I currently pay 868.63?mo. I have 56,000 miles on the vehicle. I have asked KIA Finance if it’s …
Question: Dear Steve, Purchased new Kia several yrs ago (2005) Extended warranty was purchased for 100,000 miles. Transmission went out at 30,000 miles and the dealer would not honor the warranty. Told me I wasn’t driving correctly. No amount of discussion would do any good & they wanted $4,000 to repair. In pure frustration I …