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Besides taking a big hit. Are your wages garnished? Do your other creditors cancel you n close your accounts. What happens. Im most likely willbe turning my 07 altima in cuz i cant afford it nor can get a loan to pay the diffrence even though I had two pontetial buyers but was unable to get the rest, so im desperate and would like to know what will happen to me. please help!

2007-05-30 06:42:04 · 2 answers · asked by abmexboi 1 in Business & Finance Personal Finance

2 answers

If it's a '07 car, it's probably worth less than what you owe, so you might still end up owing the difference even if they repo it. Your wages could end up garnished for that. Other creditors probably wouldn't cancel your accounts, but some credit cards might raise your interest rates, and you could have trouble getting additional credit.

2007-05-30 06:59:04 · answer #1 · answered by Judy 7 · 0 0

try and get someone to take over payments with no money down. put an ad in your paper or online

2007-06-01 09:26:07 · answer #2 · answered by blacmac901 1 · 0 0

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