CreditRepairView

Main Menu

  • Home
  • Credit Repair
  • Credit Monitoring
  • Loans
  • Debt
  • Bad Credit
  • More
    • Write for us Credit Repair, Loans & Debts Guest Post
    • Editorial Policy
    • Policy Of Cookies
    • Terms and Conditions
    • About Us
    • Contact Us
    • Privacy Policy

logo

CreditRepairView

  • Home
  • Credit Repair
  • Credit Monitoring
  • Loans
  • Debt
  • Bad Credit
  • More
    • Write for us Credit Repair, Loans & Debts Guest Post
    • Editorial Policy
    • Policy Of Cookies
    • Terms and Conditions
    • About Us
    • Contact Us
    • Privacy Policy
blog
Home›blog›my car was repossessed but i got it back

my car was repossessed but i got it back

By Yash
July 3, 2021
92
0
Share:

That’s right! I was in college and my car was repossessed. I ended up getting it back because my insurance company refused to pay for a repossession.

So you had a car that was repossessed and you got it back. Who is to blame here? Well, your insurance company. But that’s not really an excuse. The bottom line is that what happens is you bought a car with a title that was in default (you paid for it, but it didn’t have a lien on it) and you paid $1,000 for a title that was in default.

Well, technically you are the person who drove it off the lot so technically you are the one that should have paid for it. But the bottom line is you should have paid for it because you are the one that owns it. I also understand that repossessing a car is a rather unusual thing to do. We’ve all done it at one time or another.

What can you do? There is a great deal of advice out there that suggests you can get your car back but not all of it is 100% accurate and it is worth researching in-depth before you do. A good place to start is the National Automobile Dealers Association. This is the organization that represents more than 2,000 car dealerships throughout the USA. They give you tips and advice that can help you better understand how to protect yourself.

I can’t really say I’ve done this too often and I’m sure not all of it is true. The best advice I’ve been given is still the one given by a former employer at my current job. I said that my car was repossessed, but I was told that the lender was going to pay it back. So I tried to call them, but I got disconnected with an automated message.

The worst part about repossessing your car is that the lender will not pay it back. They are usually banks, credit unions, or insurance companies, not a car dealership. You will have to pay some of the money back to the bank, and then you’ll have to start all over again. That’s not really cool. The best thing you can do is to get in touch with the lender and tell them that you no longer want the car and then ask them to keep it.

Sure, it sucks to have to pay for something you bought but at least you can always get it back. Car dealers have been known to repossess cars all over the country and not care. But if they are repossessing your car, it can be worth getting in touch with them.

We have a car dealership in our community called Carfax and our main office is in New York. We have a repossession and repossession firm in New York as well.

Some lenders will do this as long as the car is still in your name. Others will do it right away. But we have a car repossession firm in Florida that helps us with repossessions. It’s a good service that we recommend to all our customers.

We have another good service that we recommend as well. Its called CARFAX. They are not affiliated with the dealership. Rather, they are a third-party service that services auto clients with car repossessions. After the car is repossessed, they will send all the documents (the note from the dealership and the title) to a collection account that can take care of them.

Previous Article

nesara act mortgage

Next Article

668 credit score

Share:

Leave a reply Cancel reply

Credit Repair

Credit Repair

5 Effective Tips To Repair Your Credit Ratings

  • credit repair books

    The Pros and Cons of credit repair books

    By Yash
    April 20, 2022
  • credit repair certification texas

    14 Businesses Doing a Great Job at credit repair certification texas

    By Yash
    April 20, 2022
  • credit repair laredo tx

    10 Things We All Hate About credit repair laredo tx

    By Yash
    April 18, 2022
  • credit repair logos

    What NOT to Do in the credit repair logos Industry

    By Yash
    April 18, 2022
Credit Repair View

Credit Repair View is a Professional Educational Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Educational, with a focus on dependability and Credit Repair. 

Categories

  • Credit Repair
  • Credit Monitoring
  • Bad Credit
  • Interest
  • Loans
  • Debt

Quick Links

  • About Us
  • Contact Us
  • Terms and Conditions
  • Privacy Policy
© 2022 Credit Repair View - All Rights Reserved.