answersLogoWhite

0


Best Answer

The lender may hire a repossession company to recover the vehicle. Attempts will be made to contact you, to give you the opportunity to surrender the vehicle. If this fails, repossession agents will be given an order to recover the unit, and you may walk out of Walmart or the Piggly Wiggly one night to find the vehicle is not where you parked it. Your ice cream will melt, your children will cry, and you will have to rely upon the kindness of friends or family to drive you around until you can convince another lender to write a loan for you.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What happens when you finace a car and don't pay it?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

You got a car finace and have now lost your job you cant pay for the car is theer a way out of the payments ansd stop the finace?

you can sell the car and pay off the balance. or transfer the loan to a potential buyer or make arrangements with the lien holder for different payments but do not let your loan get behind you will lose your credit and the car and all you have paid on it good luck


What if your husband files bankruptcy and you have a leased car?

If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have to If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to give If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to give the If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to give the car


What happens if don't pay the car loan?

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.


What happens when you pay off an auto loan?

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


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.

Related questions

You got a car finace and have now lost your job you cant pay for the car is theer a way out of the payments ansd stop the finace?

you can sell the car and pay off the balance. or transfer the loan to a potential buyer or make arrangements with the lien holder for different payments but do not let your loan get behind you will lose your credit and the car and all you have paid on it good luck


What happens if you get your car repaired and don't pay?

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


Bought a car now told its on finance Am i the legal owner?

you took a loan to finace the car from the dealer- the bank holds the title to your car- you are the owner and respondsilbe to pay the loan or the bank or fiance companmy can reposses your car


If you leave your car at a tow lot will you have to pay if you dont want the car anymore?

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


What happens when you dont pay your monthly car payment in full?

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.


What happens if you dont pay parking tickets on a car that is totaled?

When violating a rule, it is important to pay the fines associated with it. If a person does not pay a parking ticket, they can end up with late fees and possible jail time.


What happens if you dont pay your taxes?

You go to jail


What happens if you have no insurance and you totaled your car?

you will have to pay a debt and GET CAR INSURANCE


Why do people need insurance?

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.


How can you get your car repossessed?

dont pay the payments ever


What if your husband files bankruptcy and you have a leased car?

If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have to If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to give If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to give the If you keep paying the lease, nothing happens. You are permitted to own or lease a car. If you don't pay the lease, you have tohave to give the car


What happens if you don't pay off your car title loan?

they take your car