Overhaulin'

What happens if you don't pay a car title loan?

Do they take the car,or does it just go on your credit?

Public Comments

1. Hi, Yes the lender will go for a repo. You can visit http://www.autoloanguide.info for some useful info on handling the situation. Good luck!
2. If you cant pay, do a voluntary repo, it looks a little better in your credit score.
3. They take your car.
4. They come to take your car and quickly after you miss just one payment. read the agreement you signed. Most times they'll take it at night from your residence so when you wake up and get ready for work, no car. They know where you work and will come to your employment place and just hook it up and haul it off. I would be calling them to make arrangements for payments.. Don't just shine them on or your car will go bye bye and you'll have more problems getting another one if you need to finance it.
5. Simple..they take the car and re-sell it. If they sell it for less than what you owed you will still be responsible for the balance.