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Comments: (10)

What is the best advice for someone that has a $10,000 negative equity in a car loan?

Category : auto loan

I purchased a 2005 Nissan Altima , with no money down and received a 50 cheque back from the dealership . Now I am looking to trade my Altima in but have so much negative equity in my present car loan . Is there any logical advice for me to break even on my loan .

Comments: (4)

Can a payday loan company cash a cheque after being returned NSF?

Category : payday loan

I am interested in finding out if a Payday Loan company can cash a cheque after it has been returned by the bank as NSF. They cheque was for 0.00 and it was cashed at 0.00 increments 5 times a day, resulting in 5 NSF fees per day!

Comments: (2)

Can a third party issue cheque to clear an outstanding car loan?

Category : auto loan

Basically, my relative has an outstanding car loan amount. He retired recently and can’t afford the high interest rates. So we are planning to close the loan account by paying the entire outstanding amount for which I’ll be paying using a cheque from my account. My question is can a third party issue cheque to clear an outstanding car loan?

Comments: (4)

Can a payday loan company cash a cheque after being returned NSF?

Category : payday loan

I am interested in finding out if a Payday Loan company can cash a cheque after it has been returned by the bank as NSF. They cheque was for $500.00 and it was cashed at $100.00 increments 5 times a day, resulting in 5 NSF fees per day!

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