No, until you have missed a scheduled payment (at the very least), the lender has no right to the property.
if payment due today can it be repossed today
ANY LENDER, by law, can reposses your car if your 1 day past due! There is no stopping them. You need to act fast before it is too late.
NO, you know when your payment is due. It is listed on the contract you signed. Miss a payment and they can repossess your car then next day.
Yes. You are also responsible for repo fees, storage, auction and collection fees. You pay for it all.
Sure, but you might have trouble getting the loan to buy it due to the fact that your other car got repossessed by the bank that gave you another loan.
The car can be repossessed. The estate is responsible to return the vehicle and resolve the lease or loan.
Generally, after the purchase of a new or used car, the contract will state when a payment is due. Usually, it is due 30 to 45 days after the contract is signed.
talk with the bank in which you have the car loan through about deferring your curent months payment due to car repairs.
Your payment will be late, if it does not arrive on or before the due date.
It does not matter how many times do you make a payment. What matters is, a complete payment of minimum amount due is paid before the due date.
The lender can legally take the vehicle one day after the payment is due. That is, on the day the payment is late, the lender can begin repossession efforts. The day the payment is late, the contract is void.
In the ePay function, how can you select to pay the full amount due a week before the payment due date