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No, it shouldn't unless your debt to income ratio is affected or having a good credit score.

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15y ago
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Q: You recently took out a used vehicle loan and have not began to make payments will this affect your probability of getting a credit card?
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Related questions

If you are including a leased vehicle in a bankruptcy and need a vehicle that you can afford payments on will you have a tough time getting a loan?

There are some creditors that offer car loans to those who' ve filed bankruptcy.


How do you take over the payments of a vehicle?

You must talk to the lender who has a lien on the vehicle. It is up to them if you will be allowed to take over the payments.


Can my insurance co. disability payments or my workers comp payments be garnished for a vehicle reposession?

They might be able to garnish your payments for the money that you owe them , but nothing more since vehicle has been repossessed.


Can a vehicle be repossessed if you allowed a military person to take over vehicle payments and he has not paid anything?

it doesn't matter if the pope takes over your vehicle payments. if he stops making them, your credit is damaged and the vehicle is repossessed.


If someone made payments to purchase vehicle and to pay remainder of balance when picking up the vehicle then changes mind is there a refund owed on payments?

No. You are not entitled to a refund if you made payments toward the purchase of a vehicle. In truth, if you signed a contract to purchase the vehicle, that vehicle is now secondary to the contract, you could still be held responsible for the balance of the loan, whether or not you still have the vehicle.


What is the hardest thing to change on a vehicle?

the payments


How does the credit system work for automotive?

The automotive system is linked to your overall credit. It is easier to get a loan if you have good credit and your payments will generally be smaller. You can still get a vehicle with bad credit but it might be difficult getting a loan and the payments will be higher.


Can a vehicle be taken by police for delinquent payment?

Can a vehicle be taken by the police for delinquent payments.


What do you need to repossess a vehicle in Nevada?

You have to posses the title on the vehicle and the documentation that there is a default in payments.


Can your vehicle be repossessed for late payments?

Obvious answer, Yes.


What is the most repossessed vehicle?

Ones on which the owners are late on the payments. :-)


Are you in default of a car loan if the vehicle is not registered?

Registration of the vehicle has nothing to do with the loan or financing of the vehicle. The only was to "default" is to not make the payments.