How Overdue Credit Card Payments Can Put Your Car at Risk
Not paying off credit card bills on time can sometimes prompt car lenders to repossess a car despite timely car loan payments.
Attorney Loretta Kilday has over 36 years of litigation and transactional experience, specializing in business, collection, and family law. She frequently writes on various financial and legal matters. She is a graduate of DePaul University with a Juris Doctor degree and a spokesperson for Debt Consolidation Care (DebtCC) online debt relief forum. Please connect with her on LinkedIn for further information.
Not paying off credit card bills on time can sometimes prompt car lenders to repossess a car despite timely car loan payments.
What is your first reaction when a debt collector files a lawsuit against you? Panic, stress, or both?
The CFPB’s initiative to detach medical debt from credit reports is a promising step toward financial fairness.