Tuesday, 27 October 2020
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Tag: delinquency

Bank foreclosures on vehicles on the increase

The sale of vehicles slowed down and, as expected, the financing for their purchase. At the same time, those who have financed their purchase show delays in monthly payments or have stopped paying altogether. This has led financial institutions - lenders - to foreclose on...

Banks Repossess More Vehicles As Consumers Stop Paying

The sale of vehicles has slowed down and, as expected, also the credits for their purchase. At the same time, those who already have financing show delays in monthly payments or have stopped paying altogether. The foregoing has led financial institutions (banks mainly) to resort...

QTips: What to do if your salary isn’t sufficient to pay your bills

If you are having a hard time paying for your basic expenses, it can be depressing and frightening. This can happen, especially if you have overextended yourself with debt. First, you need to find ways to reduce your expenses. There is almost always at...

“I just told you: I do not know when I can pay you!”

I would have preferred not to hear that telephone conversation between a debtor and, I suppose, a call center employee, but I suspect that each time they will be - unfortunately - more frequent, relates José David Guevara in his article in the El...

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