They might, it is in their best interest to work with you. If they have to repossess a truck, it may be more hassle than it is worth. Banks want you to succeed, call and work it out. You can negotiate a higher interest rate and more payments to spread it out further. You get to make lower payments and the bank gets more money in interest. It isn't smart financially, but if you are in trouble and this is your only option, it is better than losing your car and ruining your credit.
If you are purchasing an automobile can the dealership file a warrant for your arrest if you miss a payment?
no
That normally doesn't happen
Depends on the contract you signed when you borrowed the money. With most lenders they can reposes their car if you miss one payment.
Many fear him because he held they debts and as such had the power to have them imprisoned for non payment. In addition he was notorious for collecting in his debts on time or adding more to the debt for miss-payment so people would stay out of his eye line if possible
NO, you know when your payment is due. It is listed on the contract you signed. Miss a payment and they can repossess your car then next day.
25 percent
Miss Piggy was not modeled after a specific person. The creator described her as a truck driver who wanted to be a woman.
your car can get taken away if u do not pay it in time!!
A recent late payment can drop your credit score about 60 points.
Yes and some do.
Catch up as soon as you can. give the company a call to tell them that you have this in mind.