Payment

What is the average cost to repossess a car?
How much is a repo fee? A $15.00 fee may be charged by that department. A storage facility (repossession agency) may not release the vehicle, until th...
Things to consider before buying a car?
What are the 3 most important factors to consider when purchasing a vehicle? Obviously price is a starting point, but to help you narrow down your cho...
What do you need to know about financing your car?
How much monthly income do you need to finance a car? The rule of thumb among many car-buying experts dictates that your car payment should total no m...
How long after a missed payment can a car be reped?
How many missed payments until your car gets repossessed? Two or three consecutive missed payments can lead to repossession, which damages your credit...
Tips about buying a car from a private party?
Is it safe to buy a car with cash from a private seller? Don't bring enough cash to purchase the car as it's unsafe to carry such a large amount. If y...
When buying a car on Craigslist is it just a bunch of scams?
Is it sketchy to buy a car on Craigslist? Common websites people use to avoid going to dealerships include eBay and Craigslist. However, the buyer mus...
Is it legal to repo a car only 5 weeks from its purchase 500 cash down and a 1000 trade in allowance was paid and the first biweekly payment made?
How many months do you have to be behind on a car payment before repo? Most repos occur after two or three months of no payments Your lender may be mo...
Can your car be repossessed if the payment is two weeks late?
What happens if my car payment is 2 weeks late? There is usually a grace period for car loan payments so you should be fine. ... The grace period shou...
Can you legally make partial payments for your auto loan?
Can you make a partial payment on a car loan? “Making a partial loan payment is the same as not making a full payment from a lender's viewpoint. The l...
How long can a bank take to reposses your car?
How long does it take for a bank to repossess a car? Depending on the contract, your lender may be able to start the repossession process after the fi...
Is there a time limit for stopping payment on a personal check?
How long after a check is issued can it be stopped? Some businesses have “void after 90 days” pre-printed on their checks. Most banks will honor those...
How late does your payment have to be before your car can be repossessed in Florida?
How long before they repo a car in Florida? In Florida, failure to pay within 30 days allows the lender to repossess your car under a process that's s...