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What else can I help you with?
Does medical debt from years past affect my credit?
Medical debt does affect your overall credit score. However, when buying a house or car, most of the time medical debt is not factored into the equation.
How does debt consolidation affect the process of buying a car?
Debt consolidation can affect the process of buying a car by potentially improving your credit score, which can lead to better loan terms and interest rates. This can make it easier to qualify for a car loan and save money in the long run.
Will co-signing affect my ability to buy a car?
Yes, co-signing a loan can affect your ability to buy a car because it increases your overall debt and may impact your credit score, which can affect your ability to secure a loan for a car purchase.
How does a repo man paying off a car affect the repossession process?
When a repo man pays off a car, it typically stops the repossession process because the debt on the car is cleared. This means the car no longer needs to be repossessed since the debt has been settled.
How will refinancing my car affect my ability to buy a house?
Refinancing your car may affect your ability to buy a house by impacting your credit score and debt-to-income ratio. If you refinance your car and lower your monthly payments, it could improve your debt-to-income ratio, making you more attractive to lenders. However, if you take on more debt or extend the term of your car loan, it could negatively impact your credit score and make it harder to qualify for a mortgage.
What can happen to your debt after your car is repossessed?
Your debt is then written off as the car covers the cost of the debt.
What insurance policy will pay off your car in the event of your death?
A life insurance policy with a clause for loan or car debt repayment will pay off your car in the event of your death.
What would a physicist do to determine how tired affect the motion of a car?
Conduct and experiment to rest the trip of different tires
What would a physicist do to determine how tires affect motion of a car?
Conduct and experiment to rest the trip of different tires
What would a physicist do to determine how tires affect the motion of a car?
Conduct and experiment to rest the trip of different tires
If a creditor garnishes wages for debt can they take your car?
If the debt is on the car, or the car was used as collateral for the loan, YES they can repossess the vehicle!
Are car loans considered unsecured debt?
No, car loans are considered secured debt because the car itself serves as collateral for the loan.
