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Charged off car loan

Date: Mon, 02/05/2018 16:00
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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 the rest of the amount.

Sub: #1 posted on Mon, 02/05/2018 - 22:08

SC SC
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(Posts: 3937 | Credits: 397.45)

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.

Sub: #2 posted on Wed, 02/07/2018 - 05:25

sanderspatricia29 sanderspatricia29

(Posts: 713 | Credits: 73.21)

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

Sub: #3 posted on Sun, 02/11/2018 - 22:07

Barbara Delinsky Barbara Delinsky

(Posts: 331 | Credits: 32.8)

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