WHAT IS A REDEMPTION?
Under 11 U.S. Code ยง 722, you have the statutory right to redeem your vehicle for what it is worth, NOT what you owe.
Our program will lend you the lump sum necessary to pay off the existing creditor via a new loan with lower payments and a greatly decreased principal.
Additonal Benefits Include:
- Re-establish credit with the industry's most competitive rates
- 1 minute, no obligation application will outline savings
- Keep known and trusted transportation
- Avoid sales tax, dealer mark-ups, pushy car salesmen and other hassles associated with vehicle replacement
|
Current Loan |
Redemption Loan |
| Monthly Payment |
$498 |
$388 |
| Term |
58 |
54 |
| Total |
$28,884.00 |
$20,952.00 |
| TOTAL SAVINGS |
$7,932.00 |
