no more there are many online sources who provide car loan for people have no credit or poor credit, try to contact them and you can get you problem resolved.
Self employed people will have difficulties getting a car loan as it's difficult for them to verify their income. Finding reputable lenders and making friends with financial institution who can verify your income are good first steps. The website, National Car and Loan is a reputable source for getting car quotes.
Typically for the duration of the loan.
4 years
Is fraud punishable? You bet it is. It's also stupid; do you think they're not going to check?
6 months minimum
Self employed people will have difficulties getting a car loan as it's difficult for them to verify their income. Finding reputable lenders and making friends with financial institution who can verify your income are good first steps. The website, National Car and Loan is a reputable source for getting car quotes.
It does not matter whether you are employed or unemployed as long as you can pay your payment you should be able to get a used car. First Find the used car you like then work with them to get finance. Do not forget the your car will be a collateral until you pay off the loan.
Typically for the duration of the loan.
When I went and got a car loan, it took less than an hour.
4 years
Good credit report, employed at the same place for a long period of time are few factors that help in approval of vehicle loan.
To determine how long one will have to be delinquent on a loan before a car is repossessed depends entirely on where the loan was taken from. Different places allow different payback requirements.
Is fraud punishable? You bet it is. It's also stupid; do you think they're not going to check?
If you inherit a car that is subject to an outstanding car loan you need to keep up the payments with the LENDER according to the terms of the original loan. If you default on the loan payments the loan company can repossess the car.
Until your car loan is paid in full. Usually around 36 months, give or take.
As long as it is collateral for a loan in default.
Very little actually. They have the right to use the vehicle as long as they are current in their loan payments to the lender (who is the ACTUAL owner of the car, until the loan is paid off).