Want this question answered?
Most states (all states?) require that if you are going to sue & get a judgement to collect on an unsecured debt, a right to cure letter must have been sent. Most finance companies ultimately want the ability to sue because even if they don't sue themselves, the right to sue to collect the debt gets them a higher price when they liquidate the loan by selling it to a collection agency. If a company chose not to send right to cure letters, they would have to ensure that none of their loans ever went to court to collect. Since they often can't control after the loan is sold, they send everyone a right to cure.
This is an interesting question and to actually answer the question would be impossible because no car loan will cure bad credit. However, if the question is supposed to be can I get car loans with bad credit, then the answer is yes you can. It will most likely have a higher interest rate because you are a higher risk, but most dealers have lenders that approve loans for people with bad credit. Yes you can get car loans with bad credit just go interenet there are many sites available who offer car loans with bad credit just apply for car loan there they will contact you if you are eligile.
twenty days
After sending you a "20 day right to cure" notice they can.
The question does not indicate if the action is to be on the part of the creditor/lender or the borrower/debtor. Nevertheless, there are not generic forms for a Right To Cure notification. Individual states establish the procedure and therefore information included in the correspondence must be in conjunction with the laws of the person's state of residency. so is there special wording in the forms? 15 days to respond to letter letter is from lender to debtor
cure and default
Most states (all states?) require that if you are going to sue & get a judgement to collect on an unsecured debt, a right to cure letter must have been sent. Most finance companies ultimately want the ability to sue because even if they don't sue themselves, the right to sue to collect the debt gets them a higher price when they liquidate the loan by selling it to a collection agency. If a company chose not to send right to cure letters, they would have to ensure that none of their loans ever went to court to collect. Since they often can't control after the loan is sold, they send everyone a right to cure.
The Cure
Approximately 25 states have some sort of right to cure law. Go to your states Attorney General's website for information about your states laws. half of the states have enacted "right to cure," or "notice andopportunity to repair" legislationhalf of the states have enacted "right to cure," or "notice andopportunity to repair" legislationhalf of the states have enacted "right to cure," or "notice andopportunity to repair" legislation.
The cure for me is that you just now this guy is the right one and you know it
Need to know if South Carolina is a Right to Cure State when it comes to repossession of vehicles.
yes! if you find the right herbs or resources you can cure yourself!
yes
lullaby by the cure
no one knows
right now, you cannot cure it. but one day scientists might be able to help colorblind people with a cure. hope i helped :P
The right to cure is a written clause in a contract or lease that permits one party to rectify a default that most likely will terminate the agreement or cause financial loss or loss of other rights. The right to cure is usually on a time limit offering a window of opportunity to the holder of the right to fix the default.