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Answered 2007-02-10 03:23:04
If you continue to make payments as agreed, on time, you should be safe from repossession.
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What do you do when the bank tells you they will cancel your arranged payment on a car loan account?
== Arranged payments== In my experience they will repo your car, if you dont make other arrangements.
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Please refer to this tutorial: http://flyvpn.blogspot.com/2013/01/how-to-cancel-recurring-payment-for.html .
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An MT 192 is sent to the beneficiary bank requesting to cancel a payment.
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Can a car get repossess because of no insurance?
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To cancel your account, contact an Answers.com Community Assistant. A list of all the current Community Assistants is provided below in the Related Questions.
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