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3 votes
When can a bank repossess someone's car?

when the owner defaults on the loan payments


when the owner gets into an accident


when the owner cancels the insurance


when the owner buys a used car

2 Answers

6 votes

Answer:

2nd one I think if I'm wrong my apologies:)

User DoubleTri
by
8.6k points
3 votes

Answer:

A

Step-by-step explanation:

Technically, as soon as a credit account is delinquent, the lender can take action to repossess the property tied to the loan. In the case of a car loan, if you miss a payment, the bank could repossess the vehicle without notice.

They don't pay, it get's taken away!

User Hussein Khalil
by
8.6k points
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