2006-08-01 21:40:45 · 4 answers · asked by Tomy 2 in Business & Finance ➔ Personal Finance
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan
however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is:
http://umgarticles.atspace.com/debt-consolidation.htm
2006-08-01 21:56:24 · answer #1 · answered by Anonymous · 0⤊ 0⤋
when bank lend you money, they expect you to honor the contract. If you fail to pay, they repo the car, selled it if it came in as a loss, you are liable for the upside down. they can ruin your credit that cause a lot of havoc later
2006-08-02 04:53:44 · answer #2 · answered by Hoa N 6 · 0⤊ 0⤋
Your credit can be ruined, and the car repossessed.
2006-08-02 04:45:28 · answer #3 · answered by helixburger 6 · 0⤊ 0⤋
it will be repossed if you do not pay, i sell cars
2006-08-02 04:44:13 · answer #4 · answered by Jody P 1 · 0⤊ 0⤋