I purchased an auto in 03′ and had several legitimate lates durring the finance period. In 06′ I was really late like 120 days but soon after I sold my house and had used some of my profit to pay the entire loan off in one shot. I received pay off letter and title from Honda but the CR account is listed as a Charge Off. Is there any way to revert this back to a zero balance with lates status..?
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The agents are very interested in my family has sold life insurance, rather than the term of office. They said, life is a better term, because it has expired, is to ensure that the beneficiaries after the death of the insured person a portion of the money. However, because such an approach for the profits of insurance companies, if they are required to repay the amount at least equal to the total? I tried to do some research on my own, but I still can not fully understand the question. Any help would be greatly appreciated!
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I have some questions in advance and thanks. Anyone can explain how the life insurance (or financial advisory body), so that their profits? If this is true for the life insurance company, has about 100 agents% of the total annual premium pay for this? How to divide the institutions and the agent? Please can you put some figures, because I want to invest in a number of agencies in angel funding, so if you help number.