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my last car was totaled by my ins company and i still owe 500 dollars on the loan

2007-06-12 12:34:05 · 2 answers · asked by c brown 1 in Cars & Transportation Buying & Selling

2 answers

you gotta go to work and pay off the lousy 500 loan and then get a cleared the loan from the credit bureau ------- then you can go to a note lot and start re-building you credit payment history ....... well ... good luck 'cause credit is hard to mend ...........

2007-06-12 12:52:22 · answer #1 · answered by XTX 7 · 0 0

Ask for a substitution of collateral, this means instead of paying off your currnet loan the bank will just let you pick another car out. This happens all the time just ask your insc. company.Good Luck

10 years in auto biz

2007-06-12 19:48:28 · answer #2 · answered by misty m 4 · 0 0

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