Charged off car loan
Date: Mon, 02/05/2018 - 16:00
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, 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.
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.