My crony needs to revoke their monthly out go, one of the loans on the image is the automobile loan, unfortunately a little of the hurdles my crony is confronting are;
* not long ago lost their pursuit –BUT is pciking up stagnation from the state of California so radically has income entrance in each month
* now going by a divorce –unfortunately my friends associate has shop-worn EACH of their credit ratings.
so is there any approach to refinance? have been there lenders out there? CapitalOne Auto Finance is not an option, they do not so automobile refi’s and which is whom my friends stream loan is through. Should my crony try and traffic the car in for a used vehicle?
Your assistance is appreciated…thanks so much!
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{ 4 comments… read them below or add one }
You’re “friend” is fucked. Time to move to canada.
As I recall, from the time I lived in California, unemployment is 6 months. Actually, I think it’s 6 months pretty much everywhere although I’m not positive of that since I’ve never collected it.
To answer your question, no one is going to give him a loan when he has no means of repaying it when the unemployment runs out after 6 months.
Tell your friend to wish in one hand and sh** in the other, and see which one fills up first….’cause that’s as close to a new loan she’s gonna get!
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