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Failing to make payments on a car loan could ruin your credit.
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∙ 10y ago
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Does medical debt from years past affect my credit?
Medical debt does affect your overall credit score. However, when buying a house or car, most of the time medical debt is not factored into the equation.
What can happen to your debt after your car is repossessed?
Your debt is then written off as the car covers the cost of the debt.
What would a physicist do to determine how tires affect motion of a car?
Conduct and experiment to rest the trip of different tires
What would a physicist do to determine how tired affect the motion of a car?
Conduct and experiment to rest the trip of different tires
What would a physicist do determine how tires affect the motion of a car?
Conduct and experiment to rest the trip of different tires
What would a physicist do to determine how tires affect the motion of a car?
Conduct and experiment to rest the trip of different tires
If a creditor garnishes wages for debt can they take your car?
If the debt is on the car, or the car was used as collateral for the loan, YES they can repossess the vehicle!
How can car accidents affect teenagers?
Car accidents can change ones life dramatically, try living with a Brain injury.
How will a drag racing ticket affect insurance?
If you retain your license, car, and life, tremedously.
Can lender refuse to pick up car and still refuse to release title?
The title is only released when the debt or loan is paid in full. If you want the lender to pick up the car, I'm guessing that you can't or don't want to make the payments. The lender can refuse to pick up the car, but, if the debt remains unpaid, they will probably have the car repossessed which will negatively affect your credit rating.
If the cosigner on a car loan files bankruptcy what will happen to the other persons credit?
The creditor will seek repayment of the car loan from the cosigner. As long as the cosigner pays, their credit will not be affected. However, if they are unable or unwilling to pay, the debt will be pursued like any other bad debt, and it will affect their credit rating.
You paid your past due balance before repossession but the next morning they took it what can you do?
The note was called at that point. You can either pay off the rest of the debt and try to get your car back or you are out.
