Auto Loans and Financing
Personal Finance
Loans
Personal and Payday Loans
Money Management

What does the bank do when it uses your vehicle for collateral on a personal loan in Ontario Canada?

454647

Top Answer
User Avatar
Wiki User
Answered
2015-07-14 15:07:18
2015-07-14 15:07:18

Well, don't quote me on this but logic would lead one to believe that technically the lender would have a lien against the car, so, in the event of non-payment they would sell your car and return to you all monies, if any, above and beyond the balance and costs. .

001
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0

Related Questions


Ontario is a province in Canada.

13,150,000 is the population of Ontario, Canada.

Yes, Ontario is a province of Canada.

Yes there is a province in canada named ontario.

Ontario is a Province in Canada. Toronto is a city in the Province of Canada. When you are in Toronto you are in Ontario.

Who are the caregiver recruiter in Ontario, Canada

Ontario is a province, not a city. Ottawa is the capital of Canada, which is located in southern Ontario.

Toronto is IN Ontario genius.Ontario is a province Toronto is a city in Ontario.

The Ontario Canada Ottawa phaloplasty is practiced within Ontario.

Napanee, Ontario, Canada.She was born in Belleville, Ontario, Canada, but moved to Napanee, Ontario, Canada when she was five years old.

The driving time is zero. Toronto is a city in the Province of Ontario, and Ontario is a province of Canada.

Eastern Conference (with city, province, and country in parenthesis):Barrie Colts (Barrie, Ontario, Canada)Belleville Bulls (Belleville, Ontario, Canada)Kingston Frontenacs (Kingston, Ontario, Canada)Mississauga Steelheads (Mississauga, Ontario, Canada)Niagara IceDogs (St. Catharines, Ontario, Canada)North Bay Battalion (North Bay, Ontario, Canada)Oshawa Generals (Oshawa, Ontario, Canada)Ottawa 67's (Ottawa, Ontario, Canada)Peterborough Petes (Peterborough, Ontario, Canada)Sudbury Wolves (Sudbury, Ontario, Canada)Western Conference (city, province/state, country):Erie Otters (Erie, Pennsylvania, USA)Guelph Storm (Guelph, Ontario, Canada)Kitchener Rangers (Kitchener, Ontario, Canada)London Knights (London, Ontario, Canada)Owen Sound Attack (Owen Sound, Ontario, Canada)Plymouth Whalers (Plymouth Charter Township, Michigan, USA)Saginaw Spirit (Saginaw, Michigan, USA)Sarnia Sting (Sarnia, Ontario, Canada)Sault Ste. Marie Greyhounds (Sault Ste. Marie, Ontario, Canada)Windsor Spitfires (Windsor, Ontario, Canada)For more information, visit the related links below.

Yes there are many gangs in Ontario Canada

Yes, Ontario also goes by the name Canada. They have a saying What is good for Ontario is good for Canada. Outside of Ontario we think of them as a province, one of 10.

Waterloo, Ontario, Canada is home of the Wilfrid Laurier University. There are also a few other campuses located in Toronto, Ontario, Canada, Brantford, Ontario, Canada, and Kitchener, Ontario, Canada.

You are required to show 2 plates attached to the outside of your vehicle in Ontario. One on the front and one on the rear in the middle.

No, Ontario is a province in Canada.

Ontario is not a country but is a province of Canada. Yes, they have different flags but since Ontario is in Canada, Ontario also uses the Canadian flag. Each province and Territory of Canada has it's own flag.

Ontario is a name of a state in Canada. actually, I am going to improve this, here in Canada, we dont have states, we have provinces, 13 of them! Ontario is one of them!

Avril was born in belleville, Ontario Canada but grew up in Napanee, Ontario Canada

Port Perry, Ontario, Canada and Toronto, Ontario, Canada

Ontario, Canada - 415,598 sq miles.

Ontario is one of the ten provinces of Canada, located in east-central Canada.


Copyright ยฉ 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.