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What else can I help you with?
Can you return your car and have no consequences?
If you're making payments you signed a contract. When you return your car you've broken your contract. Yes there is consequences when you break a contract.
What are the consequences if a person quits making payments and the car is in your name?
If your name is the borrower name and someone else is making payments and they suddenly stop; then the car will eventually get repoed and it will show on your credit report.
Making car payments can your car be repo?
If your paying for the car, they cannot!
If your car is in the shop but you are still making payments can they repo the car?
Not as long as the payments are current and have remained so.
Is it illegal to sell a car when your still making payments on finance?
No its perfectly legal and if you are still making payments on it, that increases values.
If you own your car or house and are no longer making payments should you still have insurance on them?
If you own your car or house and are no longer making payments, should you still have insurance on them? Explain why or why not.
If you are making payments to the bank for your car does the bank have your car title?
no,you should have title.
Is it illegal to take a car out of state when you are still making payments on it?
Not as long as you continue to make payments on it.
Can your car be repossessed if it was in an accident and nearly totaled?
If you weren't making your payments yes. It would only be repossessed if you weren't making your payments.
You stop making payments and they come get the car can they take you to jail for not making the payments?
No, once the car is repossed by the seller, you will not be arrested but the company will often resale the car at auction and can sue you for the remainder of what you owe including interest.
Would your car dealer have you locked up for not making payments?
No, they'd repossess your car.
What are the consequences of paying late mortgage payments?
Although there is typically no consequence to paying a late mortgage payment, there is typically consequences to making mortgage payments late. These consequences typically include a late fee, increased interest rates, and a lowered credit rating.
