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What else can I help you with?
What happens to payments made after a car is repossed?
Payments made after a car is repossessed will no longer be returned to the debtor. In fact, the lender can still require the debtor to pay the remaining balance of the loan.
If a car was repossessed and you called and said you would pay all late payments why wouldn't they let you have the car back?
Perhaps the car is worth more than the remaining payments!
How can you terminate a car lease early?
Yes but your still obligated to pay the remaining payments. If its close then car manufacturers usually have specials where they wave 3-6 payments
After the car is auctioned can you make payments for the remaining balance?
ONLY if the lender agrees to doing so. After all, you agreeded to make make payments on the car once before.
What happens if you dont make any payments on your car loan?
u eventualy lose your car
Is it possible for me to sell a car that I am currently making payments on?
Yes, it is possible to sell a car that you are currently making payments on, but you will need to pay off the remaining balance of the loan before transferring ownership to the buyer.
Can you sell your car with payments left on the loan?
Someone cannot sell his car if there are still some pending payments on a loan. It is however possible to enter an agreement with the financier so that the remaining payments can be financed by part of the proceeds from the car sale. An extra interest payment may be charged for that.
If a family member purchased a car for us in their name due to credit issues but you've made all payments can you trade it in on a new car?
no you can not. the only person who can trade that car in is the person on the title no matter who has made payments on it jd wash state jaddemarco@yahoo.com
Is it possible to sell a car that you are currently making payments on?
Yes, it is possible to sell a car that you are still making payments on, but you will need to pay off the remaining balance of the loan before transferring ownership to the new buyer.
If you fail to complete the deposit for your down payment but are already financed and making car note payments can the car dealer repo your car for the remaining down payment?
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Can you trade your car in for an inexpensive one?
Yes, but you will still have to make payments on the car being turned in if you don't have 'clear title'.
My car was repossessed and now they want me to pay for the remaining balance on the loan and I can not afford it. What can the lender do legally to get payments in the state of Pennsylvania?
no
