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A car loan is a type of secured debt. The car is collateral for the loan. If your loan has a co-signer or co-borrower, they will be responsible for continuing to make payments on the loan.
The credit bureaus have ways of learning that a person has died. Funeral homes report deaths to the Social Security Administration (SSA), and the SSA periodically passes the information to the ...
Consolidate your personal loans for a lower rate by taking out a new loan to pay off your current loan. This will help you pay down the debt more quickly and at a lower cost during the remainder ...
Payment protection insurance (PPI), also known as credit insurance, credit protection insurance, or loan repayment insurance, is an insurance product that enables consumers to ensure repayment of credit if the borrower dies, becomes ill, disabled, loses a job, or faces other circumstances that may prevent them from earning income to service the debt.
We know that dealing with the loss of a loved one is very difficult. AOL has processes in place to request the closure of the deceased user's account, to request the suspension of billing and premium services, and in certain circumstances to request content of the account.
If you're thinking about your own loved ones while you're still alive, you're ahead of the game. Learn more about what you can do to prepare.