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What else can I help you with?
Can a finance company report a car stolen if no payment has ever been made?
No
Can the finance company make you pay a payment in advance?
If you are not in breach of contract (ie haven't been late in the past), then the finance company has no right to demand early payment unless the contract states this as a provision. If you *are* in breach, or have been in the past, then the finance company has some leeway -- a bit of "you violated, so we violate right back."
After 15 days can a company reposses your car?
can a finance company reposses your vehicle if you made your payment on the15 day
When is payment due after buying a car?
Generally a month. Sometimes if you ask your bank or finance company to defer the first payment for an additional month they will.
Car dealer forgot down payment?
The car dealer is not required to collect a down payment. The finance company is the one who usually asks for it. If they desire a down payment, they will contact you to get it.
In California does a finance company have the right to repo a car from a police impound when payments are not behind?
No, They would have to be behind on the car payment The above is not always the case. It can depend on what the car was impounded for. If it was impounded for something like drugs where asset forfeiture comes into play then yes the finance company can take the car regardless of payment status. The reason for this is because there are times when the authorities will tell the finance company that if the vehicle is returned to the registered owner the finance company will lose their rights to it as well. The finance company does not have to hand their collateral back to you if it means loss of collateral, it is their car after all.
If you have paid a payment and the finance company accepted it but still sent the repo man for your car can you get your last payment back?
NO, you owed it, you sent it in and its gone now. sorri
What is the address for you to make a car payment by mail?
The address should be on your statement. It is different for every bank or finance company.
If I pay bi weekly and have missed one payment. Can they repo my car?
You will have to speak with your finance company to determine when they will repossess your car. Each company has different rules and requirements and in most cases if you contact them about the missed payment they may be able to make payment arrangements with you.
How long after a missed car payment does the finance company repossess the vehicle?
The question is, "Why would you worry about a missed payment when you have interest in the vehicle?" The money that you used as your down payment and any payments you have made total your interest in the vehicle. Why are people running from the repo man when in fact you can place the finance company on notice that, if your interest is repossessed, you will file criminal charges in federal court against the finance company and get triple what the car is worth. I guarantee you they won't take it. You can also put a mechanics lien on the vehicle to protect your interest in it.
When can a finance company can legally repo a car?
In most cases immediatly upon default (non-payment) Read your finance contract, there should be a due on demand clause. Hope this helps.
Due to lack of insurance can the place where you finance your car change your payment?
Yes they can add coverage to protect the finance company. It is usually more expensive than having insurance from an agent.
