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If you could not make one month's payment but postdated a payment on their website can they still repossess your car?
Wiki User
∙ 8y ago
If you are in DEFAULT of the contract, they can repo your ride. Whether they do or not, depends on the lender. Usually folks who are in contact with the lender, make some kind of effort to pay(like you did), get the most consideration before getting repoed. I know times may be rough, but do the best you can and do what you say you will do.
Wiki User
∙ 8y ago
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What happens when you dont pay your monthly car payment in full?
If they accept the payment you're ok. The big question is "If." You should send enough to pay the interest. Most companies don't repossess the car for a couple of months.
If you have not made a car payment in a few months is there any way you can start paying again without paying the arrears before they repossess it?
I seriously doubt it unless you work out something with the lending agency.
When can a bank reposess a car?
A bank can repossess a car at any time the loan has defaulted. Many times a bank will wait until a payment is 2 to 3 months behind before repossession.
What is the payment for a 3000 loan for 18 months?
Depends mostly on the interest rate. There are quite a few banks that have loan calculators on their website.
can a car company repossess your car if they were not available for 6 months?
If you mean that you haven't paid them in 6 months then YES, they can re-possess. -You should have sent dated checks or made bank payments somehow whether or not they were "available". You may be able to negotiate your way out if you make a substantial payment right now.
How long before a vehicle can be repossessed?
This will usually be stated in the contract you sign when financing the vehicle. Some places, especially the "Bad Credit/No Credit" lots will attempt to repossess in as little as one day after payment is due. I don't see any financier letting it go for longer than 4 months with no payment be for they file for repossession.
How long does it take a loan company to repossess your car after it charges off?
2-5 months
How long does a lender have to repossess?
I am 3 months behind on my mortgage? How long until they repo my home?
Can a finance company in Texas repossess a vehicle if one payment is missed?
Check your loan documents but they can if you are one day late. Most don't because they really want the money. Three to six months late on payments the REPO man will be looking for ya.
When can the government repossess property such as a car?
when you arent making payments for several months when you dont pay your taxes
What will happen to you if your car is 6 months behind in payments and you still have possession of the car?
The lender will eventually repossess the car.
Is it okay depositing the funds the following day if a postdated check falls on a holiday or weekend?
Fine. You can deposit the cheque anytime after the date of issue until the next 6 months to cash it. After 6 months it becomes stale dated/expired and no cash would be given on it.
