722 redemption: Know more about this company and their contact info

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Bill Turner
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Sub: #33
Replied on 01-07-2011, 01:28 PM
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I am a bk attorney. I probably use 722 3-4 times a year. Their interest rate is 24%, but sometimes it is better to pay 24% on 5k than zero on 10k. They can be helpful for some clients who are way upside down on their cars.
I have never had a client purchase a car through them, though some have tried, so that may very well be a little rockier process.
Anyway, 722 Redemption is not crooked; they are legit and can be helpful.

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Sub: #34
Replied on 02-07-2011, 05:36 AM
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Yes it is I work for a bankruptcy attorney and we use them all the time.

WayneM
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Sub: #35
Replied on 04-26-2011, 10:42 AM
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I completed my redemption with LEAP Auto Loans.
I tried 722 Redemption but they couldn't approve me. My lawyer recommended LEAP Auto Loans. I went to their website leapautoloans.com and submitted an app. My car payment went from $505 to $355. Boo-ya

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Sub: #36 722 Redemption
Replied on 05-25-2011, 11:24 AM
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Hi there, I'm a bankruptcy paralegal with 14 years of experience. We refer our clients to the website if they qualify. And yes they are a reputable company. But if you are going to go ahead with it you will need a bankruptcy attorney to file the Motion. It is not something that is automatic, the judge has to approve it.

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Sub: #37 "Make all payments on time and in one year we will refinance."
Replied on 06-14-2011, 06:58 PM
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Interesting. I called 722Redemtion a few months back to check on the date this "year" was ending. I was told to call USBank in June. I am also in the wrong state for USBank to accommodate a refinance. (Are you in Georgia, too? Hmm.) I asked that USBank speak to 722R about the discrepancy, but they stated that I would have to pursue it alone.
I am looking to see if there is anything that I received in writing from 722R with regards to the "miscommunication" we both experienced. I will post this if I do. Please post if you have anything in writing.
This may be sales misinformation - intentional or unintentional - but it has nothing to do with our being out of luck .... if we don't allow it to be.

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Sub: #38 722 interest rateis 24%
Replied on 06-27-2011, 06:08 PM
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24% usbank 722 redemption rate is 24%

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Sub: #39 722 redemption
Replied on 06-27-2011, 06:40 PM
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I just filed a chapter 7. i recieved a letter in the mail for 722 redemption. i was approved within 24 hrs. i make a little under 2000 dollars a month. 722 contacted their national dealer whom was suppose to locate a car for me. the dealer never located a car. They said $310.00 payment wasn't enough for the cars they had on their lot. These people are advertising that will replace or lower car payment. The interest those loans are 24%.. If 722 wants to help why dont they lower their interest so that u could qualify for majority of cars the dealers have. It is so weird that if they find a car it has to be viewed in a email. if a car does not fit your budget your are not allowed to look at the cars unless u can make up the difference to purchase. Its a big joke to me! U can't choose a car you like. or u may qualify for a loan can't buy the car becauseof the bank stipulations. i will find another way to build my credit. When something is to good to be true, blieve it! i could go on and on.




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