If you owe an entity money and do not pay, that company may send your account to collections. At this point, a debt collector will likely try to contact you to obtain money to cover what you owe. According to the Consumer Financial Protection Bureau, a debt collector...
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Month: March 2023
Federal government warns lenders against unlawful repossessions
The Consumer Financial Protection Bureau issued a warning to auto lenders to avoid repossessing vehicles before they are legally allowed to. A representative for the consumer watchdog said that the organization has only seen a small increase in repossessions but wants...
Does your financed car have a kill switch?
Like many other Marylanders, you have no choice but to drive to and from work. If you cannot afford to buy a car outright, you also might have no choice but to finance one. While it is advisable to purchase your vehicle from a highly-rated dealer, there are plenty of...