A repo is a repo is a repo.
Who told you there would be no storage? The lender? the repo co.? Call the LENDER, they have control of the repo company.
When you dont pay your payments on something
No. Full coverage insurance must be in existance, or they will put it on, and charge you. Current payments, are the only thing they care about. To them, it is just property.
if you are behind on payments then yes they can
No, he can charge what the market will bear.
Not as long as the payments are current and have remained so.
In Florida, the repo company charges the lender with the cost to repo the car. However, the repo company can charge no more than $25 for storage of personals found in the auto.
keep up your payments
Pay your payments on time or get a cheaper car
If your paying for the car, they cannot!
Yes, you can self repo your car if you can no longer afford your car and is financially unable to pay the payments for your car.
"both" the bank and repo man?? NOT that I am aware of. retaking, REPO??? usually charged by lender storage, USUALLY charged by repo co. repair (NOT normally done), sales expenses WHAT did who "SELL"??? READ YOUR CONTRACT. It should govern what you pay to whom.
repo rate - is the interest rate that reserve bank use to charge commercial banks repo rate - is the interest rate that reserve bank uses to charge commercial banks
First you have to find the car, then you can repo it yourself or hire a repo company to do it. Email me if you need more help. Good Luck
You CANT legally. She could report it STOLEN if you did. Best thing to do is contact the LENDER and assure them that YOU will make the payments IF they will repo it. AND get the registration out of her name. They can do that AFTER repo. Good Luck and MERRY CHRISTMAS.
As long as you are in default of the contract, they can repo.
The repo man will tell you that, but no it is not true.