NC AG Office Defends Consumers From Title Loan Scam and Gets Clear Titles to Their Cars

Attorney General Josh Stein recently announced the Department of Justice has resolved a lawsuit against predatory auto title lenders in North Carolina. Liquidation, LLC made illegal loans to more than 700 North Carolinians under many names and charged interest rates of 161 percent to 571 percent, which far exceed legal limits in North Carolina. Loan … Read more

Illegal Auto Title Loans Dissolved and Consumers Get Clear New Titles

If you had one of those online title loans that was illegal in your state because the lender was not authorized to make loans in your state, today you’d want to live in Massachusetts. The Massachusetts Attorney General took action against an illegal online title loan lender and dispatched them. The AG office said, “Pursuant … Read more

If the Car Dealer Runs My Credit Multiple Times Will It Hurt My Credit Score? – Emma

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 … Read more

I Co-Signed for My Daughter’s Car That Was Repoed. But the Lender Won’t Accept a Settlement. – Carmen

“Dear Steve, I co-signed for my daughters car loan. She lost her employment at almost the same time I lost mine. The company called me a I returned the car back to them. After that I called to settle the account and they ignore all the letters, faxes and telephone calls. They want to settle … Read more

My Husband Deserves a New Truck. How Do We Get the Bank to Lower the Rates? – Dena

Dena “Dear Steve, My husband bought a 07 Chevy truck he went to the bank with $9,000.00 cash money, he purchased a 07 Cheey Silverado with low mileage, which we have discussed however, when he visited the loan officer at the Bank she gave him a high interest rate with a Bank that would finance … Read more

The Car Lender Agreed to One Thing and Then Went Back on It. – Nicole

Nicole “Dear Steve, OKAY HERE IT IS…I had a payment arrangement with wachovia dealer services and they went back on there end..i spoke to Michael Tucker who told me if i cleared $690.00 by the end of jan my account will be fine and just start making regular payments and i will be ok..well i … Read more

I Have Bad Credit And I Want Good Credit. – Jamie

“Dear Steve, I’m a 22 year old new grad from nursing school. Throughout my 4 yr college career, I acquired my debts including closed credit card accounts and a delinquent checking account from about 5 years ago, which were all eventually sent to collections agencies. Now that I have graduated and am making a pretty … Read more

I Have 4 Years Left on My Car Loan And I’ve Got Problems With My Car. – Ketra

“Dear Steve, Upside loan – undiagnosable issue with car – remaining 4 years to pay off 17k I purchased my 2005 Jetta in 2007. As of now, I had no major issues. Recently it began making a large grumbling noise. I first took it to a specialist, and then was recommended to take it to … Read more