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refinance


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#1
BlackSun

Posted 01 March 2003 - 04:37 PM

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what is car refinance? i still owe to the finance company, can i do refinance? where do i get the information of refinance?

#2
wja6227

Posted 01 March 2003 - 06:02 PM

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Something to make your debt becomes worse and by the time you paid off evrything, your car's value is just the same as besi buruk. (probably better a bit)Big Smile

#3
tengster

Posted 02 March 2003 - 12:31 AM

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Can we refinance the car????....there must be a change of ownership or HP agreement to effect a loan, rite....Shock

#4
wja6227

Posted 02 March 2003 - 08:37 AM

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Not really as I heard from a fren b4, but don't really know how it works

#5
tengster

Posted 02 March 2003 - 11:13 AM

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It may not work at all. Find out and share with you, would you.

#6
anthonywyc

Posted 02 March 2003 - 08:57 PM

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I think it like give your car registration card to the bank and get some cash for others uses..

#7
tengster

Posted 03 March 2003 - 12:00 AM

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anthoni: your method is called highway to massive NPL.

#8
anthonywyc

Posted 04 March 2003 - 10:53 AM

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Er.... What NPL...

#9
Mean

Posted 04 March 2003 - 11:25 AM

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Refinancing is possible but there are conditions involved, eg. the age of the car must not exceed 10 years when refinancing and the loan must commensurate with the make and model's market value. Best to ask the finance co. or bank for details as terms and conditions plus interest rates may differ.

#10
tengster

Posted 04 March 2003 - 01:16 PM

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Mean: You are referring to refinance within the same finance company but without needing to change ownership name......OR 2 separate finance companies...