0
What else can I help you with?
Why is my car loan balance increasing?
Your car loan balance may be increasing due to factors such as accruing interest, late fees, or additional charges. It is important to review your loan agreement and contact your lender to understand the specific reasons for the increase in your balance.
Does paying off a car loan decrease your credit score?
No you should see your score move some, paying off your balance on your car loan only decreases you debt ratio which in turn increase your score.
Why does my car loan keep increasing?
Your car loan may be increasing due to factors such as interest accruing on the remaining balance, late fees, or additional charges being added to the loan. It's important to review your loan agreement and contact your lender to understand the reasons for the increase.
Can you get sued for the balance of your car loan after the car is repossessed and sold?
Yes.
Can your car loan increase if sold to another finance company?
Absolutely ! The new company can pretty much charge what they like in interest on the outstanding balance - meaning your debt will be more..
Why is my car loan balance increasing?
Your car loan balance may be increasing due to factors such as accruing interest, late fees, or additional charges. It is important to review your loan agreement and contact your lender to understand the specific reasons for the increase in your balance.
Can you roll the balance of a carloan into a new car loan?
No, it most cases you cannot roll the balance of an existing car loan into a new car loan.
Can I trade in my car when there is a loan balance?
You can trade your car in, however the loan balance must still be satisfied.
Does paying off a car loan decrease your credit score?
No you should see your score move some, paying off your balance on your car loan only decreases you debt ratio which in turn increase your score.
Why does my car loan keep increasing?
Your car loan may be increasing due to factors such as interest accruing on the remaining balance, late fees, or additional charges being added to the loan. It's important to review your loan agreement and contact your lender to understand the reasons for the increase.
Can a dealer collect on repo unpaid balance?
Yes - if the car loan was with the dealer, the dealer can sue the debtor for the balance of the car loan after the car is sold to someone else.
Can you get sued for the balance of your car loan after the car is repossessed and sold?
Yes.
What is a car loan amortization?
Basically, Car Loan Amortization is the balance of your auto loan. It is the process of following a plan or schedule of your loans for your automobile.
What happens to balance on car title loan when car is stolen?
Every car obtained on loan definitely is an insured one.One gives loan on insurance basis only.
How do you find out your car loan balance?
Contact your lender they will tell you.
Can you still pay off the balance due on an expired car loan?
Anytime there is a balance due, you can pay off that balance.
Can your car loan increase if sold to another finance company?
Absolutely ! The new company can pretty much charge what they like in interest on the outstanding balance - meaning your debt will be more..
