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Will the lender let me pay-off the balance of 3500 dollars knowing that they will get more money in auctioning the car?

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Wiki User
2004-07-01 10:30:12
2004-07-01 10:30:12

IF they get more than you owe, they will have to give you the surplus. It is your best interest to payoff B4 they sell. Go do it. NOW

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Contact your lender they will tell you.

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If the lender has a judgment for the balance due, yes.AnswerNo not if they haven't sent you something at some point letting you know what the balance due is and how they arrived at it.

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You owe the difference in what the car sells for and the balance on the note.

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As long as there is a contract with your car as collateral and the contract is in DEFAULT, the leinholder can repo(excluding B/K).

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