answersLogoWhite
Cars & Vehicles
Auto Loans and Financing
Repossession

Can you still finance a car with two repossessions after chapter 7?


Top Answer
User Avatar
Wiki User
2015-07-15 18:45:09
2015-07-15 18:45:09

With enogh down payment, you can get a car with 10 repos. The more repos, the more DP needed. probably get a higher interest rate too.

Related Questions

User Avatar

It's the same on your credit, However it will save you money on repossessions fees if you voluntary Take the car back, because the Lender or finance company wont have to send out a repo. team to recover the car witch cost a lot of money and time. The repossessions will look about the same on your Credit, However it best to voluntary give it back, Because if you cant pay fo it then the right thing is to give it back to the Legal owner! It's the same on your credit, However it will save you money on repossessions fees if you voluntary Take the car back, because the Lender or finance company wont have to send out a repo. team to recover the car witch cost a lot of money and time. The repossessions will look about the same on your Credit, However it best to voluntary give it back, Because if you cant pay fo it then the right thing is to give it back to the Legal owner!

User Avatar

how do you find out if the owner still owe a finance company on the car you are buying?

User Avatar

The amount you owe on your old car is added to the loan on the new car,and that finance company is suppose to pay off your old loan.


Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.