Great Consumer Reports article on how to avoid becoming part of the statistics about Americans being ripped off on car loans.
A MUST-READ if you are or anticipate being in the market to buy a car anytime soon. And for everyone else, a good article to read anyway -- you never know when someone will smash your car for you by driving inattentively and you will be in the market to buy a car on short notice.
"Surprise, surprise, surprise" as Gomer Pyle used to say.
Consumer Reports has a good article on how car dealers rip you off on loans.
Well worth a read if you ever consider buying a car.
ProTIP: If you can't pay cash and must finance a car purchase, separate the loan deal and the car deal; never do them together with financing from the dealer.*
Get your loan approval from your own credit union or bank before you go car shopping so you can know exactly how much you can afford and the dealer can't bamboozle you by negotiating both deals at the same time. And, of course, you have to be willing to walk away from the lot without buying anything. And never buy any used vehicle without having your own independent mechanic to a complete pre-purchase inspection and test drive of the vehicle; if you can't afford the pre-purchase inspection, you can't afford the car anyway.
(* With the possible exception for the case where you are buying a new car and the maker is offering zero-percent financing and you are certain that you aren't being overcharged on the car.)
Experts say that CR’s analysis suggests a broad problem with the way car loans are arranged in this country: Dealers and lenders may be setting interest rates based not only on risk—standard loan underwriting practice—but also on what they think they can get away with. Studies show that many borrowers don’t know they should, or even can, negotiate the terms of a loan, or shop around for other offers.
Oregon Consumer Justice grants available for groups helping tenants access or apply for rent assistance
Oregon Consumer Justice (OCJ) is making money available to community-based organizations working to support tenants in accessing rent assistance payments or making applications for rent assistance.
There's more information and a link to the application here: https://lnkd.in/gu7JBAzz
Many organizations, community leaders, and individuals are hard at work trying to help prevent evictions, which are traumatic and have far-reaching impact on people's well-being.
Spread the word about this resource which might help reach community members who don't know there's help available or don't have the ability to access that help.
If you have questions, please direct them to either Janet Byrd at email@example.com or
Joseluis Maldonado at firstname.lastname@example.org
Good review of some of the most common (most effective) scams that target elders. Always remember these safety rules:
1) Never give any personal/private information to someone who called YOU out of the blue.
2) Never buy anything from someone who found you and pitched you on it.
3) You can just hang up! It's not rude to hang up on scammers.
Here are the six common scams in the article -- which is a short good read (just click on the picture).
1) Sweepstakes/lottery ("You have won! You just need to give us your banking info . . . ")
2) "Tech Support" ("We have detected a virus on your system, you need to give us access to your system so we can remove it . . . "
3) "Grandchild in Need" (Grandma, I've been arrested, send money . . . !")
4) Romance ("Send money and I'll visit you . . . ")
5) Social Security ("Give us your bank info . . . .")
6) Natural Disasters/Contractors ("We'll take care of everything, just give us your credit card number and we'll get started. ")
The US Chamber of Commerce and other corporate power groups are terrified of the 7th Amendment to the Bill of Rights (right to jury trial) and the "FAIR" act, which would prevent them from forcing consumer and employee disputes into the lawless land of private arbitration controlled by and very favorable to, you guessed it, those same corporate power groups.
The American Prospect has a great story about an effort by these folks to disguise a corporate lobbyist-written editorial as an one written by a real consumer -- and an offer to pay a consumer attorney a $2,000 bribe if he would help find a consumer to put his name on the already-written editorial.
Are you behind on your rent or utilities? Website directory shows the rent and utility assistance programs you may be eligible for where you live.
The federal Consumer Protection Financial Bureau (CFPB) has a website where you can see if there is rental assistance money available that you can access in order to help you avoid eviction for failure to pay rent.
Check it out if you are behind in your rent or utility payments.
Cool: Apple offers year-round 10% off Apple products for Vets/Active-Duty + immediate family members
John Gear Law Office -
LAWYERLY FINE PRINT:
John Gear Law Office LLC and Salem Consumer Law. John Gear Law Office is in Suite 208B of the Security Building in downtown Salem at 161 High St. SE, across from the Elsinore Theater, a half-block south of Marion County Courthouse, just south of State Street. There is abundant, free 3-hour on-street parking throughout downtown Salem, and three multi-story parking ramps that offer free customer parking in downtown Salem too.
Our attorneys are only licensed to practice law in Oregon. This site may be considered advertising under Oregon State Bar rules. There is no legal advice on this site so you should not interpret anything you read here as intended for your particular situation. Besides, we are not representing you and we are not your attorneys unless you have hired us by entering into a representation agreement with me. While we do want you to consider us when you seek an attorney, you should not hire any attorney based on brochures, websites, advertising, or other promotional materials. All original content on this site is Copyright John Gear, 2010-2020.