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Is it procedure to have to fill out a new credit application with your current finance company to get the car out of repo in CA?
Wiki User
∙ 13y ago
That is a question for the lender. Likely as not, yes. They would be foolish to continue a loan, or even rewrite a loan with someone who has defaulted with them previously for what ever reason. Put yourself in their position.
Wiki User
∙ 13y ago
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Is it procedure to have to fill out a new credit application with your current finance company to get the car out of repossession in VA?
It may be a result of the repo with the lender you deal with. It usually happens after you were hard to locate when in default and/or they had to search for the car.
In finance what does quick ratio mean?
In finance, a quick ratio is calculated by dividing the current assets of the company by their current liabilities, this result indicates the company's financial strength or weakness.
Can a finance company repo your car if you are current on payments?
No...if you are completely current...and have nothing owing from previous months..again no.
In pa when a vehicle is repossessed does the finance company have to tell you what their doing with the vehicle?
Usually, they do not have to tell you what they are about to do to your vehicle. But, the procedure is is that they will sell your vehicle in an auction.
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