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    Redemption on a car question

    Is there a minimum length of time you must have owned the car before you are eligible for a redemption?

    #2
    Originally posted by kiddles View Post
    Is there a minimum length of time you must have owned the car before you are eligible for a redemption?
    Assuming you are asking about the 722 redemption program for cars, you can check out the best-known car redemption loan website 722Redemption at http://www.722redemption.com/debtor_redemption.aspx . There does not appear to be a minimum ownership time....however, remember the terms you will get if you go this route will be very high - usually in the low 20s for a percentage rate. It's definitely not for everyone.
    I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.

    06/01/06 - Filed Ch 13
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