Chevy is hoping to tap into the same sentiments that spark gadget fandom with its new Volt electric car. But is the crowd at the South by Southwest Interactive Festival the right audience? Originally posted at The Social
Original post: Selling a car the iPod way
Jon Daurio, chief executive officer of mortgage investor Kondaur Capital, recently offered a $4,000 check to Barry Culver for the deed to his Bryan, Ohio house. With the exchange, and a pay-off to a second-lien holder, Culver was freed of $120,000 in crushing mortgage debt on the house, said Daurio, who had bought the right to
See the rest here: Cash for keys helping some homeowners bail on debt
The rate of consumers 60 days or more past due on their auto loans showed no change between the third and fourth quarters of 2009, and is still less than one percent overall (0.81 percent), according to TransUnion’s quarterly analysis of auto industry trends. When compared to the same period a year ago, the auto loan delinquency rate decreased by 5.81 percent. Mississippi (1.45%) and Alabama (1.39%) had the highest auto loan delinquency rates in the fourth quarter. The ...Read More...
Donna McCartney made phone call after phone call and wrote letters about her family’s deteriorating financial predicament and their inability to make their mortgage payments. She appealed to her mortgage company, beginning more than a year ago, hoping to get her interest rate reduced
Originally posted here: Homeowners worn out while attempting a loan modification
