0
How many months can you be behind on a payment before the repo?
Wiki User
∙ 15y ago
That would depend entirely on the financing institution or an agreement between them and you at the time of financing. If you are fearing repossession, get in touch with your financier and let them knw you are in arrears and explain why. Work out some kind of extension or payback plan. The financial institution would rather have your money than your vehicle. But if you don't get in touch with them, their obvious thought is that you don't plan on paying and will send the repo man after the vehicle.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
How many months delinquent must a mortgage loan be before the mortgage insurer contacts the home owner?
Typically, they will call the homeowner before the first payment is behind to remind the home owner that a payment is due. - VoyageHomeLoans
How many months of payment will you have to default on before foreclosure?
legally: ONE Banks like to try to get you to pay up and continue on but can foreclose as soon as the first payment is late.
How many day you have to be behind to report late payment on credit?
normally 30 days
How many years of not making a payment can a credit card company still collect from you?
as long as they want to, Generally they will sell the account to a collegetion agency after 6 months of non-payment
How many months is a Visa credit card valid for before it expires?
24-48 months
How many months delinquent must a mortgage loan be before the mortgage insurer contacts the home owner?
Typically, they will call the homeowner before the first payment is behind to remind the home owner that a payment is due. - VoyageHomeLoans
How many months behind before house is foreclosed?
Usually after 90 days. A good rule of thumb is 60 days after the first missed payment.
When can a bank reposess a car?
A bank can repossess a car at any time the loan has defaulted. Many times a bank will wait until a payment is 2 to 3 months behind before repossession.
How many payment do you have to be behind before they can repossess in the state of MN?
It depends on the terms of the contract. Legally if you miss 1 payment you are delinquent and they can start repossession proceedings on their vehicle.
How many months of payment will you have to default on before foreclosure?
legally: ONE Banks like to try to get you to pay up and continue on but can foreclose as soon as the first payment is late.
In Kentucky how many car payments behind do you have to be before your car is repossessed?
Your car can be repossessed if you miss one payment. Not likely they would do that but it is possible.
How many day you have to be behind to report late payment on credit?
normally 30 days
How many months before expiry is the Indian CDC to be renewed?
How many months before expairy is indian cdc to be renewed
How many years of not making a payment can a credit card company still collect from you?
as long as they want to, Generally they will sell the account to a collegetion agency after 6 months of non-payment
How many months before you can breed your divine Mist horse again?
1o months
Who many months passed before Bella began socializing again?
Four months.
Are you better off making a mortgage payment once a week or 30 days before it is due or when it is due?
It does not matter how many times do you make a payment. What matters is, a complete payment of minimum amount due is paid before the due date.
