Finance Questions

Posts Tagged ‘online’

Question: My car repo'ed & auctioned within 2 wks, & now I am being charged $6000.00, how can they do that? Is it legal?

My car was repo'ed after discussing with a local Finance Company in the Denver Metro area (Fireside Bank). Tried to find a workable solution to my payments, until I got back on my feet. They said, if I paid them $200.00 in "good faith" they could work out a arrangement with me. (I was only 2 months behind) I paid the $200.00 and 3 days later they repo'd the truck without any written notice and 2 wks later they auctioned it, not allowing any time to reclaim the vechicle and now are trying to stick me with a bill of $6000.00, for a vechicle that they sold for less then the value of the loan, leaving me no more options.
I just want to find out if this is lawful. Any help would be appreciated.

Answer: It is my understanding that accepting any payment including partial payment resets the time for delinquency under the law. For this reason many companies will not accept partial payment.

You should consult an attorney about this matter because you have rights...some of which were violated.

Good luck

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Question: Hardvard online MBA degree? how good is it?

Ok mso I'm trying to apply for really good MBA schools...I have a high GPA (3.8) from Penn state and a 765 on my MBA test....1 year of experience. I started looking at online MBA and i saw hardvard has one how cretited is that?
does it say ONLINE DEGREE or it just say Harvard degree of Finance?
pretty much I can't go to Massachusetts too far and I have a decent salary (46k anually)

Answer: Last time I checked, the Harvard Business School doesn't offer their MBA online. They do offer many of the classes but not the degree in entirety.

How good is it? Only about one of the best in the world. Can you get in with a 765 on your "MBA test" - probably not if you mean the GMAT. Might help to spell the name of the university correctly too.

The diploma (if it were from Harvard online) would most likely be from Harvard Extension School of Harvard University http://www.extension.harvard.edu/DistanceEd/

Note: Harvard's business school application tells us that a 755 GMAT is their min. requirement into the MBA - a 765 is likely not in the 10% of applicants that they take but I agree, with a 3.8 from Penn it will look better than my own application.

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