Charged off car loan

Date: Mon, 02/05/2018 - 16:00

Submitted by amtaxpro
on Mon, 02/05/2018 - 16:00

Posts: Credits: [Donate]

Total Replies: 3

Hi I have a car loan that has been charged off for 9300.00. I still have the vehicle but its not in good working condition. May be worth 1500.00. My question is what would be the best way to handle this. I have gotten a preapproval for another loan, this one went bad 4 years ago. Thanks

Sell the car and the settle

Sell the car and the settle the rest of the amount.

lrhall41

Submitted by SC on Mon, 02/05/2018 - 22:08

( Posts: 3937 | Credits: )

Sell the car, save money and

Sell the car, save money and pay off your loan first. Don't buy a car taking out a loan again. Save money to buy a car in cash.

lrhall41

Submitted by Sanders Patricia on Wed, 02/07/2018 - 05:25

( Posts: 1241 | Credits: )

You have to sell the car

You have to sell the car first, and use that money to pay off the loan.

lrhall41

Submitted by Barbara Delinsky on Sun, 02/11/2018 - 22:07

( Posts: 433 | Credits: )