Is it normal for a finance company to turn down an immediate 2 month payment offer on a loan that is 5 payments behind on a 6 year old vehicle?

It is better to finance an auto purchase with a high down-payment and a low monthly payment, because it is less likely for you to fall behind on your payments and acquire debt.

No, They would have to be behind on the car payment The above is not always the case. It can depend on what the car was impounded for. If it was impounded for something like drugs where asset forfeiture comes into play then yes the finance company can take the car regardless of payment status. The reason for this is because there are times when the authorities will tell the finance company that if the…

The question is, "Why would you worry about a missed payment when you have interest in the vehicle?" The money that you used as your down payment and any payments you have made total your interest in the vehicle. Why are people running from the repo man when in fact you can place the finance company on notice that, if your interest is repossessed, you will file criminal charges in federal court against the finance…

Yes, they will repossess if you have only one payment left.

There are no Statue of limitations on repossession orders given to repo companies. Payments to the finance company can be squashed easily as going into bankruptcy!

Websites accept credit card payments through companies that offer payment and transactions processing services. The company processes payment, takes a fee and forwards payment to the company.

You are going to have to put down a down payment and then you can finance the rest and pay in 9 or 10 monthly payments. It reall depends on the insurance company.

FIRST OFF,ALWAYS CHECK FOR LEINS OUTSTANDING ON ANY MOTOR VEHICLE.YES THE COMPANY CAN MAKE YOU PAY THE OUTSTANDING LOAN,IF IT IS WITHIN THE STATUE OF LIMITATIONS.THEY CAN ALSO REPO THE BIKE.THEY MUST HAVE THE DOCUMENTATION AND IT MUST HAVE BEEN REGISTERED.THE SOLUTION?PAY SMALL TOKEN PAYMENTS ON THE LOAN.IF A PAYMENT OF SAY,$15.00 IS RECIEVED AND THE COMPANY CANNOT REPO.MAKE SHURE THAT A PAYMENT IS MADE AT LEAST EVERY 90 DAYS.THE FINANCE COMPANY CAN THREATEN YOU…

If you had a dispute with a auto finance company that had put down that you had made a payment on a certain day and you and your bank no that you didnt but the finance company is trying to say that you did is it legal for this kind of stuff to be done?

Surprised the finance company would allow a second chance loan after one repossession already. If they did grant another loan, chances are that they would be watching the loan progress very closely and would take immediate action if there was a default on one payment.

Not a wise idea because your contract with the finance company probable holds the vehicle as collateral. If you no longer have the collateral they can demand payment in full to satisfy the loan.

The Western Union City Code for Chase Auto Finance payments is ChaseAuto-NY.

Very little ! If you default on the payments, the finance company are quite within their rights to confiscate the vehicle. The camper does not become your property until you have made the final payment !

If you are not in breach of contract (ie haven't been late in the past), then the finance company has no right to demand early payment unless the contract states this as a provision. If you *are* in breach, or have been in the past, then the finance company has some leeway -- a bit of "you violated, so we violate right back."

That's not going to happen. Unless the dealership is doing the financing in-house, they're already paid for the vehicle, via the loan you took out from the finance company to get the vehicle. It's the finance company you'd answer to re: the payment, not the dealership. Thus far, I've never heard of any such thing happening - miss a certain number of payments, and the finance company sends repossession agents to collect the vehicle. However…

All cash payments made by the company.

A car repossession happens when a person falls behind on their car payments and the finance company reclaims the car. The goods they are paying for on a recurring basis are not legally theirs until payment has been paid in full. Until this happens, They will not be classed as the 100% rightful owner of the goods until the lien is removed. When the payments as stated in the agreement are not paid accordingly the…

can a finance company reposses your vehicle if you made your payment on the15 day

They will likely be by to pick it up soon. They are giving you every oportunity to catch up the payments(they REALLY dont want the car back, they want the money).

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).

Only if someone stole it from the owner. Otherwise the car is just repossesed by the finance company.

Generally a month. Sometimes if you ask your bank or finance company to defer the first payment for an additional month they will.

Only if you start missing payments. They have no business knowing your source of income once the loan has started. Should a payment be missed, they may start (at their discretion) repossession proceedings. Failure to show your source of income for these payments is not a reason to call your note.

The car dealer is not required to collect a down payment. The finance company is the one who usually asks for it. If they desire a down payment, they will contact you to get it.

If it were being towed away because someone failed to make the payments due, then there are no "rights" as you simple do not own the car ... and never have ... until the final payment is made, the finance company owns the car as they hold the legal title.

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.

In Georgia, Has an "endangerment of security" if at any time the finance company fells that there security is in danger they can repo you car. A finance company can repo you car at any time even if you are current if they fell that there security is endanger. Example of Endangerment I have repo for: 1. Past Due Payments 2. You move and don't notify Finance Company 3. Cancelled insurance 4. Threats of destroying…

the insured agrees to make a lum-sum payment or series of payments to an insurance company

You still need to get the car out of impound. You have a limited time to do this before the impound lot puts a mechanic's lien on that vehicle. Once that happens, they'll be able to take possession of and sell your car, and you'll still be liable for the payments you owe to the finance company. If the finance company gets wind of this, they might repossess the car to avoid losing it over…

Yes. To stop the harassment, make up the payments, or contact the lender and make some sort of arrangements. I can assure you that they don't want to repo the car.

NO, you owed it, you sent it in and its gone now. sorri

Late payment fees are agreed upon by you when you sign the finance contract, yes you owe the additional money as long as their addition of the fees is within the guidelines stated in the contract.

the insured agrees to make a lump-sum payment or series of payments to an insurance company...

non-payment of mortgage payments exceeding 2 to 3 months. If the mortgage company does not receive timely payments, they can decide to foreclose. Once they have made that decision it is very hard to correct. If you cannot make your payment call the mortgage company. Communication can go a long way to prevent foreclosure.

As soon as 10 days after due date of payment. The laws vary from one State to another, and a finance company will not usually reposses on day 11, but they legally can. More often it's 30 days, or until you owe two payments. You may get your car back if you pay all late payments, late charges, and the remaining balance owed. If the finance company sells the car and gets more than what…

The address should be on your statement. It is different for every bank or finance company.

You will have to speak with your finance company to determine when they will repossess your car. Each company has different rules and requirements and in most cases if you contact them about the missed payment they may be able to make payment arrangements with you.

Maybe nothing. It depends upon whether the credit card company reported the delinquent activity to the credit bureaus. If it was a one-time issue (and otherwise you're always on time with your payments) you can contact the credit company to ask that they waive the late payment fee as a customer courtesy, just explain it was an oversight on your part and won't happen again. You can also ask if they reported the missed payment…

Yes, no matter what happens to the owner of your mortgage, you should always make your payments on time. A loan sale or servicing transfer does not mean you can skip a payment.

Yes. There are many companys that do this. They work with the creditors and help you make the payments that you can afford.

An insurance annuity is a financial product in the form of an insurance product according to which a seller makes a series of future payments to a buyer in exchange for the immediate payment of a lump sum or a series of regular payments prior to the onset of annuity.

Apparently, the telephone company received your payment after the due date. Statements usually specify a "Due by" date. If you are mailing in your payments, it is likely you are not mailing it early enough to beat the "Due by" date. You need to mail the payment 5 to 7 days before the "Due date" to allow sufficient time for delivery. Since the telephone company reported the late payment to the credit agency, it is…

When a person finances a car, proof of insurance is required, a buyer has about 24 hours to let his insurance company know about his car. In the event that car buyer stops making insurance payments the finance company is almost immediately notified and your car finance agreement charges the buyer a higher monthly payment for "single interest" insurance. That is where the finance company is reimbursed if vehicle is damaged, to protect their interests…

what is immediate mean

AS long as the loan is in good standing, the finance company can not recind a loan..I do believe you are using the wrong word (recind)..If the loan is past due, the company can demand payment in full..The death of a co-borrower has no effect.

In most cases immediatly upon default (non-payment) Read your finance contract, there should be a due on demand clause. Hope this helps.

Yes they can add coverage to protect the finance company. It is usually more expensive than having insurance from an agent.

It depends on your contract. Usually if you miss two payments the finance company (not the company that sold you the car - they already have their money) will start taking actions to repossess your car. In the UK, if you have made more than half the payments, you can (if you want) hand the keys over and owe the finance company nothing (assuming it was bought with a car loan or HP). If you…

Depends on your finance agreement. Most say that after you miss a payment it can be repo'd. There really is no state mandated time limit before repossession can occur. Best thing to do is make your payments and that way you don't have to worry about it.

When an individual is purchasing a car it is usually acquired by getting a car loan. A car loan payment refers to the payments one makes to the loaning company or bank.