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What else can I help you with?
What happens if you stop paying your car loan?
Repo.......homo
What happens to your credit with a voluntary repossession?
A voluntary reposession reports on your credit report as a loss. The car company with take the car back and credit a portion of the balance which the owner/leaser still needs to pay on. The creditor will place the "voluntary Reposession" on credit bureau. All in all it will be reported as a charge off debt. If the original owner/leaser doesnt pay the remainder he/she can/will be collected from and could face legal action. A repo is a repo voluntary or not. Ruins your credit for 7 years. What generally happens is that it will be reported on your credit as a repossession. When you go for financing on something else, the repo will pop up and the potential lender will call the lender who reported the repo. When they find out it was a voluntary, it may actually lessen some of the blow of having a repo. But, yes, a repo is a repo.
What is the present repo rate and reverse repo rate of RBI?
Repo rate is 7.25 reverse Repo is 6.25
What is REPO and reserve REPO?
repo is taking somthing away like the repo man in the new movie repo! the genetic opera theres an organ repo man who takes away peoples organs
What is the repo rate and reverse repo rate from aug 2011?
repo rate is 8%. reverse repo rate is 7%
What are the ratings and certificates for Repo Jake - 1990?
Repo Jake - 1990 is rated/received certificates of: Germany:16 Iceland:16
What happens if you don't turn a car over to the repo man?
they will repo it
What happens if you hide your car from repo?
It will be reported stolen.
What happens if you stop paying your car loan?
Repo.......homo
What happens if your car loan is illegal?
then they take your car and repo it.
When repo man hits another car when repossesion a vehicle?
when repo man repossess the car and was in an accident before you can get it back, what happens
In CA repo companies have to be licensed what happens when the finance co isn't using licensed people should you have to pay a repo fee or just for a tow which is what they are paying for 75 not 325?
Repo fees.
What happens when a repo man is taking your car and you broke the window of his truck?
You can be arrested.
What happens when they repo your car and they shouldn't have?
If the bank made a mistake they will return the vehicle to you, the repo company is under a hold harmless and work the accounts the banks give them.
Is their any penalty for a repo lease?
I would imagine there is. Lease is somewhat like a loan and I am sure there is a clause in there for repo, you are still the signer and anything that happens will fall on you to pay.
What happens to your car if it is repo by a payhere buyhere lot?
It's resold to someone else.
Is it legal for the repo company to break into your car once it has been repossessed without a key?
The car is not yours, it belongs to whoever got the repo company to collect it. They can decide what happens to the car, if they instruct the repo company to break into it, then that's what will happen.
