Indiana Consumer Law Group
MARCH 24, 2022
Indiana Consumer Law Group announces the filing of a lawsuit against Financial Center First Credit Union, a credit union located in Indianapolis, Indiana. The lawsuit alleges that Financial Center First Credit Union repossessed our client’s car. The case is being brought as a class action.
Indiana Consumer Law Group
JANUARY 3, 2018
The lawsuit alleges that agents of Tri-Force breached the peace when they attempted to repossess a vehicle from our client and then, when our client physically resisted the repossession (as was his legal right to do), engaged the police to coerce our client to relinquish possession of the vehicle and thereby accomplish the wrongful repossession.
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Credit Corp
JULY 25, 2021
That means there’s nothing the creditor can repossess and sell to make back some of its loss if you don’t pay the loan. They do tend to be lower than credit card rates, though. The National Credit Union Administration publishes average rates for different types of investments and loans periodically.
Troutman Sanders
JANUARY 5, 2023
On January 4, Colorado Attorney General Phil Weiser announced that his office had reached settlements with Bellco and Canvas credit unions which will provide $4 million in refunds of unearned guaranteed automobile protection (GAP) premiums to consumers that the credit unions failed to provide previously.
Credit Corp
MARCH 7, 2021
For instance, a home would act as collateral in a mortgage or home equity line of credit (HELOC). Lenders of secured loans can repossess collateral if the loan is not repaid. A car might be put up as collateral for an auto loan. Unsecured loans are made without any collateral or asset backing the debt.
Sawin & Shea
FEBRUARY 28, 2024
If you fail to repay an unsecured personal loan, the lender cannot repossess your assets. No-credit-check lending, such as payday and title loans, often comes with unreasonable fees and annual percentage rates (APR). Nonpayment of title loans can lead to vehicle repossession. However, it is difficult to qualify that soon.
Credit Corp
AUGUST 23, 2021
You might also talk to your bank or credit union about available loans that would be looked upon more favorably. Revolving trades refers to revolving credit accounts. These are accounts such as credit cards and lines of credit—they’re considered revolving because you can use them repeatedly. Card Details +.
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