0
What else can I help you with?
Can your car be repossessed for credit card debt?
Unless the credt card company is the lienholder on your vehicle, no.
Can a motorcycle purchased on credit card be repossessed?
A motorcycle that was paid for on a credit card can not be repossessed considering the credit card company paid the dealer. You must pay the card company back though or they can take you to court.
As a cosigner can you have a vehicle repossessed without affecting the cosigner credit rating?
Nope.
Can a vehicle be repossessed if you allowed a military person to take over vehicle payments and he has not paid anything?
it doesn't matter if the pope takes over your vehicle payments. if he stops making them, your credit is damaged and the vehicle is repossessed.
What bad things go on your credit history if a vehicle is repossessed?
Slow pay, repo, and it gets worse from there.
After you buy a repossessed car does it stay marked as repossessed as long as it is driven even though it is paid off?
The car isn't damaged, the debtor's credit rating is. There is no permanent record of the car as a repossessed vehicle like there is for a salvaged title.
Your vehicle was repossessed and sold at the auction after the fees you still owe 292 how will this reflect on your credit IF you pay it off?
It will show as paid or satisfied.
If you're married and your husband's car is soley in his name and was repossessed will it show on your credit as repossessed?
No, because you have your own separate credit report.
What are the benefits of purchasing credit life insurance for a vehicle?
Credit life insurance for a vehicle can provide benefits such as paying off the remaining loan balance in case of the policyholder's death, protecting loved ones from financial burden, and ensuring the vehicle is not repossessed due to unpaid debt.
What happens if you miss a loan repayment?
They charge you a late fee, it goes on your credit report and you could get a phone call from the loan company.
MY husband passed 2 weeks ago sorry to say but he had a vehicle ONLY in his name and also title I am his wife am I responsible?
Did the car get repossessed? This I believe, would best be addressed by the person/entity who has the lien on the car (the bank, the credit company, etc).
Where can I get a credit card repayment calculator?
federalreserve.gov has an excellent credit card repayment calculator for you to try out! it will give you an estimate of how long it will take you to pay off your credit card balance.
