Read the contract you signed. Does it include a GRACE period? If so, were you past that also? Does your state require Lenders to send a "right to Cure" letter before they repo? In states that do NOT require the "right to cure" notice, 6 days means they couldn't find the car for 3 days.
You pay the LENDER what you are behind and the repo fee and go get it.
It is done in time not money i.e. days late.Generally 30-45 days late triggers a repo but they can repo after one day late.
60 days
Read your contract. Likely the answer is YES. As long as you are in DEFAULT, they can repo.
no they can't
The lender CAN repo when you are 1 (one) day late.
Read the contract you signed. They very well may be able to repossess the car if you are 30 days late. Depends on the contract and your state laws. Legally you have defaulted on the agreement if you are 1 day late.
Yes, they can repo it for being 7 minutes late. Most generally will not unless its a first payment defaut or they have reason to believe you are going to screw them.
We live in the state of Ga, and had been late many times up to but no more than 15 days late on our vehicle. Repo man showed up this last time as we were only 12 days late? Our lain papers say as long as we werent 15 days or more late??? whats the deal?
if you are late 15 days on your payment they can take your car away.
Usually there is a grace period for late payments; however it is not a requirement.
REPO LAWS DOT COM has a good over view of the rules in Texas.