Auto Loans and Financing

If the repo man is looking for your car is there a way to buy the car from the lien holder for a big discount if it has already been charged off?


Top Answer
User Avatar
Wiki User
2011-09-12 21:36:08
2011-09-12 21:36:08

This is a great question to ask the LENDER. "Charged off" simply means they have taken a loss for the income they didnt make on the loan. They can still get a judgment for the entire balance due.


Related Questions

User Avatar

No I don't really have anything to say bout that.

User Avatar

if you're asking for holder as in the bearer of something, as in "account holder" the word is titulaire.paper holder is serre-papiers.if this isn't what you're looking for, please be more specific. :D

User Avatar

IT will need a battery, a light or buzzer, At least two clip-on wires And a battery holder. Make sure the battery is charged and secure in the holder. Clip wires on to the holder, one on each metal holder. and do the same for the lamp. It should light up!

User Avatar

You are still walking. You must pay off the new holder of the note. act wuick as they will sell it fast.

User Avatar

It means when holder of a bill needs money he can take the bill to bank where the bank will discount it and chargesome interest on that

Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.