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Can you be arrested if you sell your car on finance and still pay the monthly payments?
Wiki User
∙ 14y ago
You can sell your car, however it is your job to take the money and pay off the loan note. Once you have paid off the note, any monies left are your too keep. Hope this helps. Do not make the mistake of committing a crime by not paying of the note immediatly! Good luck.
Wiki User
∙ 14y ago
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Is it illegal to sell a car when your still making payments on finance?
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If the bank repossess your car do you still have to pay your car payments?
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Cars.com is the favourite "calculator" people use, but there are a few about. You can check repayments and terms and conditions at Car Finance. It will help you calculate your wage, forgoing monetary commitments, and make sure you can still afford a monthly repayment, and how much you would be able to afford on your new purchase.
What happens with car payments when you go to jail?
You still have to pay them. That answer is correct...but a slight explanation: Generally speaking, going to jail does not effect your credit or any loans you may have. If you go to jail, the payments are still due, and if you don't pay, the finance company will eventually repossess the vehicle.
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If you are not delinquent with your student loan, your federal income tax refund will not be garnished.
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IF you transfer the title and loan out of your name you are not responsible. IF NOT, and they don't make the payments, or have insurance on it, YOU are responsible for all aspects of the vehicle as you still OWN it. the name on the title & loan is the responsible party.
Where can I find information about cell phones?
There are many great cell phones that are cheaper, but still offer great features. You could even consider purchasing a monthly plan, where you could get a top cell phone and pay for it with low monthly payments.
What are the services that Welcome Finance offers?
Unfortunately, Welcome Finance is in default. This means they are no longer accepting any new customers or granting any new loans. Previously, Welcome Finance offered Personal and Secured Loans. Current customers are still able to make payments on their already existing loans.
