You need to make arrangements to pay it off.
No, it most cases you cannot roll the balance of an existing car loan into a new car loan.
Trading in a car typically does not directly impact your credit score. However, if you are trading in a car to get a new loan for a different vehicle, the new loan could affect your credit score depending on factors like the loan amount, interest rate, and payment history.
Trading in a car typically does not directly impact your credit score. However, if you have an outstanding loan on the car you are trading in, it could affect your credit if the loan is not fully paid off or if there are any issues with the trade-in process.
Trading in a car does not affect your credit unless you sign a new car loan and get a new car. This may negatively or positively effect your credit.
then they take your car and repo it.
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.
The estate has to resolve the loan, either through selling the car or returning it to the lender.
Every car obtained on loan definitely is an insured one.One gives loan on insurance basis only.
Typically you need a car with insurance to get a title loan. If your car is totaled, the loan company are entitled to that money since they hold the title for your car.
Trading in your car should not negatively impact your credit score, as long as you continue to make your loan payments on time and the new loan for the traded-in car is approved. However, if you have missed payments or the new loan is not approved, it could potentially have a negative impact on your credit score.
they take your car
Trading in your car typically does not have a direct negative impact on your credit score. However, if you still owe money on the car you are trading in and the remaining balance is rolled into a new loan, it could potentially affect your credit score depending on the terms of the new loan and your ability to make timely payments.