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Can your car be repossessed if you have paid 75 percent of the loan?
Wiki User
∙ 16y ago
Yes, if you don't comply with the terms of the lending agreement.
Wiki User
∙ 16y ago
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If spouse buys you a car can dealer come take car if he is not paying on the loan?
Yes a vehicle can be repossessed if the loan is not being paid on.
Can a car be repossessed if i owe less than 10 percent of the loan?
Yes, you must pay the entire loan off.
If your car was repossessed and you paid the loan off do you get the title?
If your car was paid off, then why was it repoed? Or if you mean you paid it off after it was repoed, then if the loan company accepted your money,then they have to give you the car and title back. I would call them and get it back or your money back.
How can you get your car back if you paid the car loan off but haven't paid the interest that occured over the years off and they still came and repossessed your car?
The car was repossessed one week before being off, now the creitor wants to charge me repossesses fees.
Can a cosigners credit get the car repossessed?
As long as the loan for the unit is paid each month, the collateral will never be repo'd.
You borrowed 9000 to buy a new car you paid 1800 backwhat percent is paid off?
Randy borrowed $9000 to buy a new car. So far he has paid $1800 of his loan back. What percent of the loan is paid off?
If you already have the title to your car but the loan has not been fully paid can it be repossessed?
As long as there is a security interest in your car, YES, it can be repoed if the loan is not paid. Just think how many people would buy cars today if your situation happened everyday.
Can your car be repossessed if there are children's safety seats in the vehicle?
Yes, it can be repossessed. If you owe money on a vehicle and do not have a clear title of the car - In reality, this car is not yours until the debt is paid. The car is collateral until your pay the loan off. If the car was repossessed, the personal contents like the car seat must be given back to you.
If your car is repoed do you have to pay the loan back to the bank?
If the banks car (they own it until the loan is paid off) is repossessed and is in their possession, the loan terminates and you own no additional monies. However, any and all monies you paid up to that point you forfeit - in other words, there will be no refunds to you.
Is a repossession marked on your credit report when the car is repossessed or when the loan is paid off?
Think about it. IF the lender waited until the loan was paid off,zillions of repos would NEVER be reported. Sooo, they report them as they happen.
Can your car be repossessed on a title loan after gone into collections?
Yes, your car can be repossessed if the title loan is in collections. Actually, this is one of the most common ways for a defaulted title loan to be settled.
Who pays the loan if a car is repossessed?
The one who BORROWED the money and/or the on who COSIGNED the loan.
