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What else can I help you with?
Can you roll the balance of a carloan into a new car loan?
No, it most cases you cannot roll the balance of an existing car loan into a new car loan.
Can I trade in my car when there is a loan balance?
You can trade your car in, however the loan balance must still be satisfied.
How do you find the payoff balance on a personal loan?
How do you find the payoff balance on a personal loan?
In general, how are monthly car loan payments figured out?
Monthly car loan paymnts are calculated by adding the interest to the balance and diviing it into equal payments for a set time frame. You can find a car loan calcultor at www.Edmunds.com.
How do you find out how much you still owe on your car loan?
Contact your lender to obtain the outstanding balance.
Can a dealer collect on repo unpaid balance?
Yes - if the car loan was with the dealer, the dealer can sue the debtor for the balance of the car loan after the car is sold to someone else.
Can you get sued for the balance of your car loan after the car is repossessed and sold?
Yes.
What is a car loan amortization?
Basically, Car Loan Amortization is the balance of your auto loan. It is the process of following a plan or schedule of your loans for your automobile.
What happens to balance on car title loan when car is stolen?
Every car obtained on loan definitely is an insured one.One gives loan on insurance basis only.
Why is my car loan balance increasing?
Your car loan balance may be increasing due to factors such as accruing interest, late fees, or additional charges. It is important to review your loan agreement and contact your lender to understand the specific reasons for the increase in your balance.
Why did my car loan balance increase?
Your car loan balance may have increased due to factors such as missed payments, accrued interest, fees, or changes in the loan terms. It's important to review your loan agreement and contact your lender for specific details.
If you lost your job and can not afford to pay your car payment can you return the car?
That is a voluntary repossession...not a good idea in the long run. The bank will wholesale the vehicle at an auto auction, apply the proceeds (less selling expenses) to the loan and you still owe the balance. Plus it goes on your credit report. If the car has a retail value in excess of the loan balance, you will be far better off selling the car yourself and paying off the loan. You still have no car...but no car payments and no bad credit report. Even if the car is worth slightly less than the loan balance, you'd come out thousands ahead if you sell it and find the rest of the money to pay off the loan.
