Archive for the ‘Buying & Selling’ Category

Can I appeal my lease on my vehicle?

Steve asked: I leased a new Altima about a month ago, and my credit score was at a Tier 3 level. I sent letters to the agencies which haven’t reported the fix to the credit bureaus after a mistake they made as well as the three credit bureaus, and have repaired my credit back to [...]

Stopping to make car payments?

Tim asked: I want to know what are the consequences if I stop making payments on a car…I understand that they will report it to three credit bureaus. What else can they do? Is it illegal to stop making car payments?Leo

Financing a used car, do dealers know which lenders pull from which credit bureau?

Luann asked: We are looking to purchase a 2008 vehicle, very low miles. We will be trading in a 2007 low mileage car that we went into with negative equity and our interest rate and payments are very high. We will have enough of a down payment to cover all but about $1,500 of our [...]