Re: advice on what to do with a car you haven't paid on loan in 2 years
01-20-2011 05:37 PM
FYI: If you call the original lender, or any of the other lenders or do anything trying to research the vehicle- DO NOT under any circumstances send any cash, monies, or make any statements of willingness or intent to pay- doing that could reaffirm the debt and rotate you back into the SOL on it.
Credit is not a right, but a business transaction, one that takes into account risk, and charges accordingly based on that risk.
Your credit score is an aspect of your credit profile. Important? yes but just an aspect. Contributing/supplemental information determines the finer point of the deal. Ask any question, respect me not to get mad if the answer is not the affirmation you are looking for,