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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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17y ago

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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.


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.


What is the hardest thing to change on a vehicle?

the payments


Can you assume car payments on a vehicle?

Yes, you can assume car payments on a vehicle by taking over the existing loan or lease agreement from the current owner.


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 a vehicle be taken by police for delinquent payment?

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


Can your vehicle be repossessed for late payments?

Obvious answer, Yes.


What does it mean to finance a vehicle and how does the process work?

Financing a vehicle means borrowing money from a lender to purchase a car and paying it back over time with interest. The process involves applying for a loan, getting approved based on creditworthiness, agreeing to terms like interest rate and monthly payments, and making payments until the loan is fully repaid.