If you are in DEFAULT of the contract, they can repo your ride. Whether they do or not, depends on the lender. Usually folks who are in contact with the lender, make some kind of effort to pay(like you did), get the most consideration before getting repoed. I know times may be rough, but do the best you can and do what you say you will do.
If they accept the payment you're ok. The big question is "If." You should send enough to pay the interest. Most companies don't repossess the car for a couple of months.
I seriously doubt it unless you work out something with the lending agency.
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.
Depends mostly on the interest rate. There are quite a few banks that have loan calculators on their website.
If you mean that you haven't paid them in 6 months then YES, they can re-possess. -You should have sent dated checks or made bank payments somehow whether or not they were "available". You may be able to negotiate your way out if you make a substantial payment right now.
I am 3 months behind on my mortgage? How long until they repo my home?
This will usually be stated in the contract you sign when financing the vehicle. Some places, especially the "Bad Credit/No Credit" lots will attempt to repossess in as little as one day after payment is due. I don't see any financier letting it go for longer than 4 months with no payment be for they file for repossession.
when you arent making payments for several months when you dont pay your taxes
Check your loan documents but they can if you are one day late. Most don't because they really want the money. Three to six months late on payments the REPO man will be looking for ya.
The lender will eventually repossess the car.
call the mortgage holder and make payment arrangements
YES, as long as the car is collateral for a loan, they can repo it.
Fine. You can deposit the cheque anytime after the date of issue until the next 6 months to cash it. After 6 months it becomes stale dated/expired and no cash would be given on it.
If you made the payment, yes.
It usually will take up to 2-3 months, they will call you with several options to see if there is anyway to figure a way for you to stay in the car.
1(ONE) DAY, not months.Read your contract.
No, but you could pay double the payment when it is due and not pay the following months payment.
NO! , he defenetely cannot do that. you at least have to be 3 months past due.
what if your 3-Month or more late in car payment will the lender still accepeted a payment
After a couple of months they can and will