What No One Tells You About Car Loan Deferments.

Autor: Duncan, Byard, Gabrielson, Ryan, Waldron, Lucas
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Zdroj: Pro Publica; Sep2024, p1-14, 14p, 1 Color Photograph, 1 Black and White Photograph, 2 Graphs
Abstrakt: This article from Pro Publica explores the topic of car loan deferments and the potential implications for borrowers. It emphasizes that deferring car payments often leads to borrowers owing more money at the end of their loan. The article offers advice from experts and borrowers to help individuals make more informed decisions about deferring car payments. It also raises concerns about lenders not being transparent about the long-term costs of deferments, particularly for those with poor credit. The article includes a car loan deferment calculator, frequently asked questions, and a glossary of common car loan terms. [Extracted from the article]
Databáze: Complementary Index