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If you are 49 days late on a loan can they repo at any time in Colorado?


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Wiki User
2015-07-15 19:11:31
2015-07-15 19:11:31

After sending you a "20 day right to cure" notice they can.

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It is done in time not money i.e. days late.Generally 30-45 days late triggers a repo but they can repo after one day late.

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You are very close to repo time call the lender and explain the situation as to why you are late they usually will work with you.You usually don't get notification of a repo but it depends on your state.

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You pay the LENDER what you are behind and the repo fee and go get it.

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How many days csn you be late befor repo

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Yes, they can repo your vehicle if it is even one day late. Check your contract, though. It might tell you how long exactly you have. If it gives you a time period of, say, two months and they repo it after one month, then you may be able to get your car back because they breached the contract. However, if there is no guaranteed grace period, that probably means they can repo it anytime you default on your loan.


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