answersLogoWhite

0

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.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Related Questions

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 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.


Why does my auto loan balance keep increasing?

Your auto loan balance may be increasing due to factors such as accruing interest, 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 specific reasons for the increase in your balance.


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.


Why did my car loan balance increase?

Your car loan balance may have increased due to factors such as missed payments, accrued interest, fees, or changes in the loan terms. It's important to review your loan agreement and contact your lender for specific details.


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.


How do you finance a new car if you still owe on your present car loan?

You need to pay off the present loan. Most people do that by adding the balance on to their new car loan, getting deeper and deeper into debt.