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Most people dont know you can ask to pay just the intrest on your car note you can do this three times at most any finance co. Just ask and as long as they dont find the car they cant pick it up but it will take them a little time to go to court and have you turn it over. Get your agreement in writing!!!!!They can tell you anything and still repo especially at 60 days out.
What else can I help you with?
What should you do if you recently caught up on your payments to the bank and are ahead now by 1 payment but the bank has not yet called off the repossession?
WHY not? Have you asked them? Were they demanding the balance in full?? Have you beeen repoed before? Have you beeen repeatedly in default? Are you STILL in default? Do you have ins. coverage as required by the contract? Contact the lender ASAP.
Can you sell your car before it gets repoed?
Even if you could you would still owe the bank the money they paid for the car.
What things can be forced to be repoed?
Anything that you might need a bank loan to get.
In general how many months can a person fall behind in car payments before the car will be repossessed?
Typically a person is given three months or approximately 90 days to miss car payments before a car is subject to repossession. Usually the bank or credit union that issued the loan will call to try and arrange payments with the car owner.
Can a bank sell your vehicle the day after it is repossessed in Alabama?
Depending on how many payments your behind. If you are behind a great margin I think they would to try to make back the money lost but if you're one or two payments behind they will give you a chance to catch up and if you fail to make any payments after they contact you they will sell.
How many missed mortgage payments before you get repossessed?
Its usually 3 months when the bank starts the paperwork and harrassing you to make payments
What is the grace period for mortgage payments at Flagstar Bank?
The grace period for mortgage payments at Flagstar Bank is typically 15 days after the due date before a late fee is charged.
What is the grace period for making mortgage payments with Flagstar Bank?
The grace period for making mortgage payments with Flagstar Bank is typically 15 days after the due date before a late fee is charged.
In Mississippi how long do you have to be on your car loan before they can repossess?
You have to be behind on payments for 3-4 months before the bank will do anything usually. 3-4 months is the industry standard, but every loan is different. A bank can put stipulations of any type on any loan, within the law. So the answer would be it depends on your loan.
If a person gets their repossessed car back within a certain amount of time can the bank report it on their credit in Arizona?
If a person's car gets repoed, the bank can report it on their CR in any state. When they redeem it doesnt matter, its the fact that it got repoed that gets reported.
Are orchard bank online payments legal?
Yes, Orchard Bank online payments are legal payments. Making online payments is faster, easier, and often more secure for both the person making the payment and the bank itself.
What can you do if you are unable to continue making the payments but do not want to ruin the cosigner's credit?
Sell it! Otherwise the co-signer is going to have a repo on there credit file. I suggest putting a For Sale sign in it right now to keep from having a enemy if the car is repoed by the bank. I wish you the best!
