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Q:What is ReDrive Solutions?
A:ReDrive Solutions helps distressed vehicle owners exit unaffordable auto loans without damaging their credit. We offer creative financing solutions like installment sales or leasebacks to help you avoid repossession and start fresh.
Q:How does ReDrive help me avoid repossession?
A:We structure agreements that allow you to transfer vehicle interest or ownership in a legal and compliant way before the repo happens protecting your credit and giving you options.
Q:Can I still get into another car after working with ReDrive?
A:Yes. Because we help you avoid a repossession on your credit, you remain eligible for future vehicle financing often with enough equity to use as a down payment.
Q:Will this impact my credit score?
A:No. Our process is private and not reported to credit bureaus. You avoid a repossession, which can severely damage your credit for years.
Q:What kind of cars or loans qualify?
A:We work with most cars financed through DriveTime, Carvana, Credit Acceptance, Westlake, Capital One Auto, and many others. Cars must typically be 2016 or newer with mileage under 120K.
Q:Do I need to be current on payments?
A:No. We can help whether you're current, behind, or already receiving repo notices. The sooner you reach out, the more options we can offer.
Q:What if I owe more than the car is worth?
A:That's common. We structure creative deals that don't require you to pay off the full balance or come up with cash. Every case is different lets talk.
Q:Will you pay off my loan?
A:Not directly. We structure deals that either take over payments or allow us to resell the car to a new buyer through a legal installment structure. This often satisfies the loan or gets you out with minimal loss.
Q:Will you pay off my loan?
A:No. ReDrive Solutions is not a lender or dealership. We act as a creative transaction facilitator and contract manager under Texas installment and property laws.
Q:What does it cost me?
A:Most of the time, nothing out of pocket. If we can't structure a deal that puts money in your pocket or clears your balance, we'll let you know upfront. We only move forward if it's a win for you.
Q:Is this legal?
A:Yes. We operate within Texas law using valid installment sale and power of attorney documents to structure agreements. Everything is reviewed with transparency.
Q:How fast can this happen?
A:In most cases, we can give you a formal offer or solution within 24 to 48 hours. Our goal is to act quickly to help you avoid further risk.
Q:Do I need to transfer the title?
A:In installment sale deals, you keep the title until the vehicle is paid off by the end buyer. If you're doing a leaseback or contract assignment, we guide you through any DMV steps needed.
Q:What paperwork is required?
A:A simple agreement, power of attorney (POA) to manage the loan or resale, and an installment sale or lease contract. We handle most of it for you.
Q:Can I get cash out of this?
A:Yes, in many cases. If your car has market value above the payoff or if we can structure a strong resale, we make sure you walk away with something in your pocket.
Q:Is my information confidential?
A:100%. We do not report to credit bureaus, lenders, or any external parties without your consent. Your info is protected and used only to help you.
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