Sure ... and rightly so. The person with the car obviously knows that they are in default of not making payments and yet continue to avoid the situation and never return the car, despite being requested to do so ... these things are also spelled on (or should be) in the original loan documentation. So the lending agency had to get outside assistance in locating the vehicle - the money spent for that doesn't grow on trees, and they have every right in the world to attempt collection. It is also the borrowers responsibility to return items they have no intention of ever paying for without having to be asked to do so.
The bank/lending company are the ones who repo your car the repo chimps are just their agents.Your bank should tell you.
Only if your car was lojacked by the manufacturer and the repo company have the details to locate it.
I need to know how long does it take the bank to repo your car if you are 2 payments behind. Can I make arrangements to make a payment next week
Non-payment of loan.
Call the bank and ask.
Yes, repo companies can use a cell phone tracking device to locate their car. Most to the time they have chips installed so they can track the car if it is not paid off.
The repo man will not care if your car has insurance or not. If you haven't been paying for your car, the finance company or bank will take their car back.
Not making the entire payment is still a default on payment. You will be charged the late fee and you will need to make it right with the bank or they will start the process of repo.
yes
== Arranged payments== In my experience they will repo your car, if you dont make other arrangements.
NO. Have him arrested if he did that. _____ Sue the lender/bank do not waste your time with the Repo guys; they are agents of the bank so the bank is responsible for their conduct.
They locate your car because they put a $20 GPS box on it when they sell it to you. Using a PC they can locate your car unless it's in an undergouund Parking for a large building.