2 payment
Technically they can repo your car after 30 days. Depending on the finance company
That depends entirely - on the conditions of the contract YOU signed ! If it says your car will be reposessed if your payment is late - there's absolutely NOTHING you can do about it !
Amanda, if you are behind on the payment, youare "in trouble' with the lender. you are in default and could be repoed by the lender at any time. they just havent pushed the issue YET. Co-signor can only 'repo" IF they are listed as co-owner on the TITLE.
Yes they can.
Non-payment of loan.
Not making the entire payment is still a default on payment. You will be charged the late fee and you will need to make it right with the bank or they will start the process of repo.
no they can't
The repossession laws will vary with each city/state. A title loan company can't repo a car if the payment is not yet due unless the car is behind on payments.
Yes, until the repo order is canceled by the owner.
They should tell you that you have till A certain date to catch up all due amounts or they will "take action to collect the debt" that means they will repo. the vehicle, Some banks will tell you when and where they intend to do the pickup of assets, almost all banks will not do A repo. until the note is 90 sinse last payment.
When it gets to your CR, a repo is a repo is a repo. Theres only one.
The length of time that a car payment can be late without being repossessed will depend on the bank or car dealers agreements. Payments made after a month may be in jeopardy of being repossessed.