Nothing I believe they only repossess your car if your a month or more off on your payments
payment late?? then its NOT on time and in DEFAULT. WHAT is not stated in the contract??? No lender is going to repo a car when only one payment is 3 days late. If you have made all the payments on time and you are only 3 days late, and they repossed your car, you need to contact the lender and see what is going on. Something is not right here.
what if your 3-Month or more late in car payment will the lender still accepeted a payment
yes
Legally, ONE.Actual practice?? 3-60
No this is a bogus fee.Don't pay it ask for a reciept for what they are trying to charge you for.
When you co-sign for a vehicle, you are responsible for payment if the owner does not pay. When I was 21, I was less than a week late on my car payment, for which an ex-boyfriend has graciously co-signed for, and he got a notice in the mail within the first seven days of my payment due date. Call the lender and find out immediately what steps you should take in the situation.
YES, anytime you are in DEFAULT, the lender can repo. Tote-a -note lots are famous for 3 days late repos.
You pay the LENDER what you are behind and the repo fee and go get it.
Yes, 3% simple
yes
3 months
There is no 3 day to cancel a new car purchase contract. The only time you have 3 days if the dealer came to your house or place of business and Solicit you. There is no 3 day to cancel a new car purchase contract. The only time you have 3 days if the dealer came to your house or place of business and Solicit you. ------------------------------------------------------------- Always read your contract before you deal with dealer, And I think is 10 days is very common for cancel your contract but it all are depend on your down payment & dealer's financial condition.