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What else can I help you with?
Can your finance company repossess your car after 2 months of non payment?
Yes, in some states you can be as little as 30 days late before the reposession process is begun. This seems to vary based on laws from state to state as well as with individual finance companies. The exact answer for your situation should be located in the original finance contract that you signed. Yes, in some states you can be as little as 30 days late before the reposession process is begun. This seems to vary based on laws from state to state as well as with individual finance companies. The exact answer for your situation should be located in the original finance contract that you signed.
What are your rights if the repo company would not return your phone call so you couldn't claim your personal property before the auction?
Blaster, they are required by law to HOLD your personal property for at least 30 days, 60 days in some states. State laws vary so check your state codes to be sure on the time limit. Usually, if you dont pick it up, you can find it a GOODWILL. Reposession of the the property you had a loan on is between you and the loan company. Reposession companies only have the right to store the repo'd property until you and the loan company have settled. Reposession companies DO NOT have the right to enter, take or damage the repo'd property and your personal property. If you have sufficient evidence that the Reposession company has done anything to both properties, you need to see a lawyer.
Can a finance company call your job before allowing the loan to process?
Yes, a finance company can call to verify employment if they deem necessary.
What are my rights for auto reposession in Colorado?
The car company generally has to give you notice before going through with a repossession. Also, they should give you the opportunity to pay the outstanding bill before resorting to a repossession.
When did the New Zealand-based company South Canterbury Finance collapse?
At the time South Canterbury Finance was the largest local finance company in New Zealand. The company started it's collapse in the summer of 2010 before collapsing August of 2010.
How can I sell a vehicle before I have paid off the finance company?
buy selling it for more than you owe on it .or pay the finance company the difference if sold for lees than the balance owed.
Can auto finance company take car out of impound tow yard?
Yes, an auto finance company can take possession of a car from an impound tow yard if they hold the title or have a lien on the vehicle. However, they typically need to follow legal procedures and may be required to pay any outstanding fees associated with the impoundment before retrieving the car. It's essential for the finance company to ensure they are acting within the law and adhering to any contractual agreements.
How long does the finance company have to hold the vehicle before they can auction it off?
20 days.
Are consumers sent a right to cure before reposession according to South Carolina law?
No. But after repo they are.
Can purchaser cancel auto financing?
The only time the purchaser can cancel auto financing is in the begining of the loan during the "interview" with the finance company. That is one of the reasons the dealership will not tell you who the finance company is before they get "funded" by the bank. If you knew who the finance company was before the dealership gets funded then you can cancel the financing. The other issue you have is the contract signed with the dealership. They can still say they will be the bank and stick you with the car and the financing.
Does a loan company that does a voluntary reposession have to tell you how much the car sold for at auction and then deduct it from your amount owed before they report it to a credit agency?
They should.You can dispute it with the credit agency.Send the credit agency a dispute letter .
What exactly is a welcome finance?
Welcome finance is a loan company in which they have a limited amount of loans. They are fair and helpful so if you have the chance of joining I recomend you do before they no longer have space.
