Car Loan

What will happen if you default your car loan payment?

Answer
After 90 days of non-payment, some states 60, they will order it repossessed. that means they will come and take it, sell it at auction, and you will owe the difference between what you owed and what they got a auction. and it will effect your credit negatively. all of you credit card interest rates will jump due to your lack of paying on-time for the car. not fair, but reality.

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