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What happens if I don't pay for my car?

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2016-09-26 23:11:47
2016-09-26 23:11:47

Your car will be repossessed and your credit ruined.

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2016-09-26 11:13:10
2016-09-26 11:13:10

Usually you can miss one payment and they will just tack it on to the next months bill with penalty and late charges. If you continue to miss payments they will take your vehicle away from you and it ruins your credit.

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Related Questions


if you dont pay usualy they will keep billing you until you do pay it or even you might have to go to court.


yes because it specifically said car tow meaning that you pay for the car even if you dont want it, you must pay.


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.


They can be sued and ordered to pay the debt.


dont pay the payments ever


you will have to pay a debt and GET CAR INSURANCE


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So in case they get into an accident their insurance can pay for the damage. -becuase if you dont have insurens on your house and i burns down in a fire, you have to pay for it all by yourself. if you get in a car reck or if someone totals your car, you have to pay for the dammage. with ensurance you pay a monthly fee and if something like that happens your covered.


If you don't pay for something you download you can go to jail.


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When your car is 'stolen", you file a stolen car report with the cops. Then your INSURANCE will pay off the loan. The lender will deal with the insurance co. and alls well. You dont have a car, but no payments either. BTW, the insurance co. HAS to be sure its stolen or they wont pay the loan off.


your car can get taken away if u do not pay it in time!!


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If you fail to pay your car loan the bank can repossses your car. It also goes on your credit rating that you defaulted on a loan.


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when you cant afford to pay a car in full!! :) some people just dont have the money for it .... but then you can always pay for a nice car instead of a piece of crap car.. plus when you own it you dont have a warranty ... on the other hand you are losing out money that you have to pay.. dont go out and buy a 30000 car.. buy one in your price range one that you can love and still have a life and be able to do what you want



I am a repo-Woman. If you purchased your car from a car lot, the car lot keeps a copy to the keys in case they need to reposess the car in the future when you dont pay. The repo-person can also get a key to the car from a dealer, such as GMC, etc. Or they can have a blank key, that accesses any car. If they dont have a key, they can tow it without a key. Pay for your car and you dont have to worry about it, :O)


The bank sends you the "pink slip" and the car is all yours


You need to make arrangements to pay it off.


Depending on what your state laws are, the impound lot will auction your car to try to pay the storage bill.



you will go to jail or be on house arrest


the bank cant come and steal it. but the insurance company can if you dont pay that



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