Hyundai Bails Out Consumers By Buying Back Their Cars

Vehicles have been in the news quite a bit these days, from bailout plans to million-dollar hybrids. Clearly, car companies are desperate ... on their car loan or lease can walk away from a financing obligation when the difference between the resale value of the car and the balance of their loan is less than $7,500. I’m sensing a new trend. Buy [more...]

Date: 2009-01-06 15:59:53

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Debt Payoff Refinance - Mortgage Rate and Tip For 1-7-09

Real Mortgage Rate and Tip For Today One min. Podcast Ask Terri A Question - Click Here! ... like credit cards or car loans. You can’t use all of your equity. There has to still be 10% equity left in your home or an loan to value of 90%. These used to be very popular right after the holidays to payoff [more...]

Date: 2009-01-07 16:31:45

Where The Credit Still Flows

Judging by the volume of ads I’m seeing for CashPoint during the Ravens-Dolphins game, ... , and offer you a loan with no credit check for some total amount of principle that’s less than half the car’s appraised value, and a high interest rate but not quite so high as a payday loan. Thus [more...]

Date: 2009-01-04 19:53:28

Understanding Vehicle Values

Most people of driving age have heard of Kelley Blue Book, in fact, ... , but it’s also used by professional lending institutions as well when considering  a loan to a private party for a new or used car, truck or SUV. When it comes to market value, Kelley’s word is golden [more...]

Date: 2009-01-15 11:30:43

Laid off? Hyundai will take your car back

By Peter Valdes-Dapena CNNMoney.com senior writer NEW YORK (CNNMoney.com) ... , we are looking for ways to reassure shoppers that Hyundai still represents the best value in the auto ... a claim, and any remaining balance on the loan up to a maximum of $7,500. “If you find that you cannot [more...]

Date: 2009-01-05 18:47:37

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