You get a BIG black mark on your CR and future loans will be at a higher than normal interest rate and/or a higher DP. PLUS, you will still have to pay the remaining balance on the repoed car. Do your best to SELL the car before repotime.
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Related Questions
What happens if the credit card company won't except a settlement?
Whatcanidoifacreditorwontexcept my settlementandsuesme
What are the common payment methods used in market stall?
The most common payment method used in market stalls would be cash. Another payment method would be a chip and pin service to except debit and credit cards.
What happens to the loan after the car is repossesed?
After the vehicle is repossessed then the financial organization is notified of its recovery but the amount of the loan is cancelled except for the outstanding arrears, the taxes, wear and tear on the vehicle charge, the cost of repossession, travel charges and mileage and compounding interest on the outstanding amount. They then call the credit bureaus and report the transgression and the credit ratings are adjusted accordingly.
You had two ATVs recently repossessed they want 6500 to get them back do you have any options?
You have none, except to get your payment account current. Remember, you DO NOT OWN the ATV's until you have paid them off in full. The lender owns them.
How does the PlayStation store bill you?
You are not billed except if you have defaulted on a payment somehow like the Playstation Wallet deposit from your credit card was cancelled. Money is put in the Playstation Wallet from either credit card or Playstation Network Card and payment is made at time of purchase. Playstation Plus automatic renewal is charged to your credit card
What are the consequences to one's credit if a vehicle is repossessed?
It adversly effects your credit for 7 years. Except for a Chapter 7 bankruptcy which remains on the report for 10 years, no bad debt can stay on your credit repair beyond 7 years from the date the debt was originated. The law is on your side that it must come off.
Does AutoZone accept checks as payment?
AS A MATTER OF FACT THEY DO EXCEPT PERSONAL CHECKS AS FORM OF PAYMENT
Are there any animal clinic that except medicaid for payment?
No.
Does Costco except a chase credit card?
yes
Can you balance bill a Medicaid patient for out of state Medicaid?
Except for co-pays, Medicaid payment is generally considered payment in full.
Does Aldi except the American Express card?
No. Aldi only accepts cash, debit-cards with a PIN number, EBT and Link cards. They do not allow payment from checks, credit cards or the Woman Infants and Children program.
If you pay just a portion of the credit card bill what will happen?
The credit card will add interest on your unpaid balance which will increase your total credit card debt. If the company cashes your check, nothing will happen. Except what is mentioned above. They often accept partial payments. If they don't take partial payments they will return your check & demand a full payment Different companies have different rules. You should contact them to find out exactly. They probably WON'T take a partial payment without charging you interest.
WHAT STORES EXCEPT ELECTRONIC CHECKS?
check out cheapphonecases.com they accept many types of payment
Is there any other way of paying for World of Warcraft except credit card?
You can use Pay Pal, or you can purchase Game Cards at various retail stores (mostly electronics/gaming stores) for any form of payment that they accept, including cash.
How can I learn about title pawn loan?
This is a tricky adventure. The pawn shops do not work like a bank or credit union does. There policies are a little stricter and more abusive than what you will get from the banks and credit unions. The great thing about the pawn loan is that you can bring in actually merchandise that they will except for payment if you do not have the cash. They also do not allow you to go for a few months without payment before they reposes your vehicle. You also have to put something up of greater value so they would finance you.
Do you get to make payment arrangements for unemployment fraud overpayment in Florida?
No one can answer that except the Unemployment Commission.
What is customer credit?
it works like money except it only works for that store
What credit cards do Sam's Club take?
All except american express
Community service offers all of the following except?
college course credit
Which colleges in Florida offer student credit?
All state universities except for new colleges participate in the student credit program in Florida. The credit can transfer from one university to another.
What happens if your credit card company goes bankrupt and you don't pay your balance?
Same as before...their BK makes no difference to you, except now the court and creditors are interested in making sure payments are made as they get or get to sell that asset.
How many people have credit card in the world?
almost everybody had a credit card except for little kids of course and people that dont have a bank account,
What type of payment do they accept at supermarket.com?
Supermarket.com will except online payments using Visa, Mastercard, American Express, BANK, Discover and PayPal. The payment process is straightforward and easy to understand.
If you file bankruptcy does that mean that the payment history on your accounts is not supposed to show anymore?
This would be the best case scenario for your credit report, but it does not happen automatically. Hopefully, your bankruptcy attorney was diligent about informing all creditors included that their debts were discharged. If not, and you still have derogatory information showing that was included and discharged in a bankruptcy; then you need to send letters of dispute to the creditors and the credit bureaus. Follow up to make certain that nothing shows on your credit report except for the legal entry of bankruptcy, its disposition (the discharge) and all trade lines have no negative information except for the "included in..." or "discharged through..." notation.
What happens if you eat while on the toliet?
Nothing radically different happens except that in a way you are saving time.
