How many days late must a payment be for a car to be repossessed?


Before your car can be repossessed you have to usually be late thirty day on your payment, although they can legally take the car the day after you payment is missed.
Q&A Related to "How many days late must a payment be for a car..."
Legally just 1 day. Banks and Lenders are not taking many chances is this economy. If You're Behind On Your Car Payment, Facing Auto Repossession "Repo" Trying To Sell Your
It depends on the terms
Read your financing agreement. There really are not any uniform laws that govern this however in most states, the bank may repossess the car if you are in "default" of your
As SRDEsq states whatever your contract says, you need to read it, the bottom line is the bank wants thier money, usally they will work with you, but if they are wanting to repo the
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