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If your car is about to be repossessed is it too late to make your account current with the creditors?
Wiki User
∙ 18y ago
No, it is probably not too late. It certainly will help your credit either way. Call them immediately. Do not allow it to be repossessed if at all possible.
Wiki User
∙ 18y ago
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Who is responsible for damage done to a car that was repossessed after all past due money and late charges were paid and the account was current?
The one in POSSESSION is responsible.
Can a car be repossessed for late fees only?
Once you are late by a single day you are in violation of your loan agreement which means you can be repoed.Until you bring your loan completely current....late fees and all you are in danger of being repoed.Read your loan agreement.
What do Credit report tell creditors?
Credit reports generally tell creditors about your current and past credit history. They include things like the amounts of credit extended, the highest balance that you held, current balances, how long the accounts have been active, if and when you were late on a payment,how late the payment was, etc. They can then use this information to determine the risks associated with lending you money.
Can a car be repossessed for late fees we have never been late on the payment but got late fees?
If your payments are current, they're not coming to repossess your car. Trust me, the finance company would much rather have your money than your collateral (i.e., the car).
Can your vehicle be repossessed for late payments?
Obvious answer, Yes.
What is the most repossessed vehicle?
Ones on which the owners are late on the payments. :-)
Debt of Latvia?
Latvia's current account which had been in deficit by 27% in late 2006 was surplus in 2010
Can a vehicle be repossessed if the payment is 21 days late in New York State?
READ your CONTRACT. IF the contract is in DEFAULT, the collateral CAN be repossessed.
How late does your payment have to be before your car can be repossessed in Florida?
Its NOT a matter of HOW late, just that you ARE late. Read your contract. That should explain when you are in DEFAULT.
What is the most commonly repossessed vehicle?
Ones on which the owners are late on the payments. :-)
Can your car be repossessed before being 90 days late?
Yes
Can your car still be repossessed if the payment is 30 days late?
Absolutely.
