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What happens when a co signer dies and you stop paying on car loan?
bank takes back
What happens if you co-signed a car loan and the primary borrower dies?
You are still respnsible for paying should the borrower die.
What happens if you stop paying your monthly payments?
Your car will be repossessed, your car will be sold, you will be responsible for the difference in the price the car sells for and the balance on the loan plus repossession fees, and your credit will be ruined for 7 years. Contact the lender and work something out. Don't let this happen to you.
What happens to the loan when the car is stolen?
The insurance should pay the loan (if your lucky it'll pay all of it) If there was no insurance then you still have to pay for the loan. I had a car stolen and I had to keep paying for it until the insurance finally paid it off and I was left with $50 in the end to get a new car with.
What happens if you are paying on a car loan and the car gets impounded?
you continue to pay the note. just because you do not have the car available to drive at your whim doesn't allow you not to pay the note.
What happens if up you stop paying your car loan and move to a different state?
It is a felony if you take the car across state lines and you are no longer paying on your loan.
What happens when a co signer dies and you stop paying on car loan?
bank takes back
What happens when your loan is not paid off and you still have the car?
You can still have it ,but you will be paying heavily for it and have no resale value for it.
When is a car loan in default?
When u have not paid to loan payment for last 3-4 months or you just stop paying altogether
What if you pay 95 percent of your car loan and you stop paying Can it be repo?
Yes! Even if you've payed 99.999999...% your car will still be reposessed.
What happens if a co signer on a car loan passes away?
The surviving borrower is solely responsible for paying the loan.The surviving borrower is solely responsible for paying the loan.The surviving borrower is solely responsible for paying the loan.The surviving borrower is solely responsible for paying the loan.
What should you do when the lien holder sent you a clear title and you still owe on the vehicle?
Just keep paying your car loan.Just keep paying your car loan.Just keep paying your car loan.Just keep paying your car loan.
What happens if you co-signed a car loan and the primary borrower dies?
You are still respnsible for paying should the borrower die.
What happens if you stop paying your monthly payments?
Your car will be repossessed, your car will be sold, you will be responsible for the difference in the price the car sells for and the balance on the loan plus repossession fees, and your credit will be ruined for 7 years. Contact the lender and work something out. Don't let this happen to you.
Can you keep paying your car loan after its due?
no
What happens to the loan when the car is stolen?
The insurance should pay the loan (if your lucky it'll pay all of it) If there was no insurance then you still have to pay for the loan. I had a car stolen and I had to keep paying for it until the insurance finally paid it off and I was left with $50 in the end to get a new car with.
Can a car dealer in South Carolina threaten your family to have you arreseted for not paying a car loan?
Sure They Can ! Call Your County Attorney, See How Fast They Stop Too.
