Many seniors do their banking with a credit union. They like the personal attention a credit union provides, and they might like that they are a “member” of the credit union. Sometimes the fees are less at a credit union. For the most part, credit unions do a good job. However, there is one area …
Question: Dear Steve, August 2006 my step-father bought outright with cash a car for my mother. He passed away September 2006. In March 2009 my mother took the title to the credit union for a $10,000 loan. 2 different times the car was repo’d. Both times her granddaughter paid $2,500 to get the loan caught …
Question: Dear Steve, 9 years ago I had two loans with the credit union and one of my cars was repo’d. I have paid the other car off in full many years later and they won’t give me the title. I am find handing over my car that is paid off. But now they are …
Question: Dear Steve, My credit union is holding my car title hostage for an unpaid charged off visa. Ok, the vehicle was paid off 6 years ago, the car is no longer registered because it needs a new transmission, I refuse to dump anymore money into a 12 year old car, I can’t junk it …
“Dear Steve, Too much student debt and banks wont help. My son has a few student loans. One of them is from a credit union with an interest rate of 9.5% The payments are $658 for the next 25 years!! We have asked them to lower the rate, so he can make the payments, but …
“Dear Steve, Worked for this credit union who in the past had federal investigators in when there were bogus loans. Worked there for 15 yrs. I paid my car loan off with my credit union but they won’t give me the title. I owe on a visa account there and they are pulling the cross …
“Dear Steve, My husband is the only bread winner in a family. We are both older and we have 3 young teenagers. I am 54 and he is 59. Our son is a junior in High school and our twin girls are 14 and still in middle school. We have about 22 thousand in credit …
“Dear Steve, I paid off my car with grow financial credit union in clearwater, Fl about three months ago. I have not rec’d a title and figure they are holding it as a cross collateralization clause somewhere in my paperwork. I defaulted on their cc due to the times. Can they reposses my paid up …
“Dear Steve, I took out a car loan with my credit union and i had a hardship and they were able to lower my loan. However it was not lowered enough to satify my ability to afford the monthly payments. Therefore I contact the credit union for further help and they were unable to further …
“Dear Steve, Credit Union who won’t release title of a car because of a credit card that charged off. Thank you for taking questions. My situation is a complicated one. I traded my car in and the dealership called the CU to get the payoff. They gave them the payoff in which they received the …