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A Friend of Mine and I Bought a Car. She Quit Making Payments and I Can’t Afford it. What Can I Do? – Nate

Nate “Dear Steve, A friend of mine and I bought a car last year valued at $35,000 for $30,000 out the door. Within the last year the price had dropped to half the amount owed on the loan. She decided to quit paying on the car and left me with the bill. I have the …

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Mary Had Her Motorcycle Repoed And Wants Your Advice

Mary wrote in and asked the following question. “I had a motorcycle repossessed and sold at an auction. They want me to pay the entire loan and a debt collection agency has taken over. What are my options? What is the best thing to do?” – Mary Mary, I wish I had some amazing advice …

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In the Netherlands, Banks Bid For Your Business

Instead of researching which bank offers the highest interest rate, Dutch consumers can now put their money up for auction, getting banks to bid on their savings. After registering with new online facilitator Spaarbod, consumers state how much money they’d like to put aside, for how long and on which terms. The website automatically calculates …

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