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Anywhere between 30 days and 90 days. Usually the latter in most cases.
If you are falling behind, talk to the finance company and explain the situation. If someone is upfront with them and discusses this early on, then some different arrangements might be able to be made.
To the finance company, just stopping the payments without any explanation, means to them that you no longer want the car, so they will take it back, and you will lose all the money you have paid up to that point.
Also, it's not "your" vehicle - you don't own it until the Lien is removed from the title. To own a car means you possess the title. The finance company owns the car until it is paid off.
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∙ 16y ago
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How many months without making a payment will the vehicle be taken?
The finance company has the right to repo a vehicle the day after the payment is due if it is stated in your contract. they usually wait till you are 30-60 days past due.
Can the finance company make you pay a payment in advance?
If you are not in breach of contract (ie haven't been late in the past), then the finance company has no right to demand early payment unless the contract states this as a provision. If you *are* in breach, or have been in the past, then the finance company has some leeway -- a bit of "you violated, so we violate right back."
Can the finance company recind a loan now that the cosigner has died?
AS long as the loan is in good standing, the finance company can not recind a loan..I do believe you are using the wrong word (recind)..If the loan is past due, the company can demand payment in full..The death of a co-borrower has no effect.
What would be the based on your company Finance Manager equity finance and Debt finance give reason?
it cant be said in direct form whether finance or equity without knowing the nature of company's business, mkt risk, past holdings, position of competitors, and so many. but even then we can say dat if a company is with good market share and strong and well managed financial condition the company can go for equity in the first instance but debt wil b more beneficial because of lower cost .
In Georgia can a car be repossessed if the borrower paid a lump sum to cover arrearages and wants to keep the car and make timely payments but the lender wants the car returned?
In Georgia, Has an "endangerment of security" if at any time the finance company fells that there security is in danger they can repo you car. A finance company can repo you car at any time even if you are current if they fell that there security is endanger. Example of Endangerment I have repo for: 1. Past Due Payments 2. You move and don't notify Finance Company 3. Cancelled insurance 4. Threats of destroying the Auto 5. Divorces 6. Threats of Filing Bankruptcy 7. Failed to make a payment on another vehicle that is financed with the same company
In the past the study of finance has included?
rasing capital
What is the maximum interest rate a finance company can charge on a loan?
29% if used depending year. Depending on state a 2006 usually cant go past like 18% on avg
What is the past tense for company?
There is no past tense for the word "company," because company is a noun. Only verbs have a past tense.
In Canada can you find the insurance company with the plate number of a vehicle?
Not unless that plate has been mentioned/listed in another accident attended by police in the past.
What is a good company to rent a commercial vehicle from?
If you are looking for a good place to rent a vehicle try looking in your phone book or searching online for the best & trustworthy company. I would recommend Rent-A-Car Enterprise. I've worked with them in the past. They will give you great deals & help you out.
How many times can you be late on payments before the car is repossed in Maryland?
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.
What is the best place to get motor vehicle insurance?
"The best place to get vehicle insurance is with an insurance company that will give you the best deal for your own needs and based on your own status (age, how many years you have held a licence, type of vehicle, any previous accidents or traffic charges, etc.). There is no single best company for everyone. You want a company that will continue to offer low rates. If you have a bad driving record, you want a company that will eventually ""forgive"" the past if you can maintain a clean driving record for a certain number of years."
