In borrowing, there are two types of debts, recourse and nonrecourse. Recourse debt holds the person borrowing money personally liable for the debt. If you default on a recourse loan, the lender will have license, or recourse, to go after … Continue reading →
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Buying a car is almost a rite of passage. Making that first car purchase, negotiating with the seller, and arranging financing (if you need an auto loan) all require a certain amount of savvy. And, once you successfully achieve the car-buying milestone, another signpost looms in the distance: Refinancing. Whether youâre getting an auto loan… Read More
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Look at you, so responsible. You received a financial windfall â stimulus check, tax refund, work bonus, inheritance, whatever â and youâre using it to pay off one of your debts years ahead of schedule. Good for you! Exceptâ¦ make sure you donât get charged a prepayment penalty. Now wait just a minute, you say. [â¦]
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A consumer loan is a loan or line of credit that you receive from a lender. Consumer loans can be auto loans, home mortgages, student loans, credit cards, equity loans, refinance loans, and personal loans. This article will address each type of consumer loans. Get Approved for personal loan today. Types of consumer loans: Consumer …
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Once upon a time, you loved your car. You loved it so much that you agreed to the payment terms and drove it home from the dealer or, dare we say, a private seller. But now, that love has grown cold and you wish youâd never laid eyes on it. And to make matters worse,… Read More
The post My New Car Is a Piece of Junk. Can I Return It to the Dealer? appeared first on Credit.com.