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Posts Tagged ‘Loan’

How do you get your vehicle title once you pay off your loan?

04 Apr

I’ve paid off my vehicle. Woo hoo! I wrote a letter to the lienholder and received a notarized “lien release statement”. Then I wrote to my County Tax Assessor-Collector, who sent me an “Application for Certificate of Title” that I need to turn in with a check for $30.

But the application looks like something you’d fill out when you’re selling, trading in or donating your vehicle. I don’t want to do any of that yet – I just want to have the title in my name for when I do get rid of the car in the next 12 months.

Anyone have any experience (preferably in Texas) in transferring vehicle titles? Thanks.

 
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I Don’t Owe Taxes- Are Deductions For Student Loan Interest & Car Donation Worthwhile?

03 Feb

OK the short of the question is that I made way below the cutoff in 2007 to owe any taxes on my return this year (About $11,000).
However, I have a $750.00 Student Loan Deduction and a $2,000.00 Auto Donation Deduction I can claim.
Further, I moved in 2007 for a job, and spend about $400 on the truck and boxes etc.
Is it even worth to declare these deductions? I mean it won’t “deduct” from any taxes, because I am not paying any, right?
Those deductions won’t inflate any return I get, will it? I couldn’t imagine it would, knowing how the Govt. likes to stick it to we people of the great unwashed masses.
So should I use the deductions? Will it contribute anything meaningful to my return? or is it just more paperwork for little, if anything, in return?

 

I Desperately Need A Car But Have No Money For It And Cant Get A Loan?

26 Sep

I’m 19 years old and I need a car to get me back and forth from work and school. However, I have no money for one and cannot afford a loan, my parents refuse to buy me mine, and I’m basically stuck!! =[
I really need a car soon because I’m going away to a college in an area with no public transportation. So if anyone has any suggestions for organizations that donate used cars in the Maryland/Washington, DC area, please let me know! thanks.