Finance

Can a finance company repossess your car if your license is suspended?
When can a finance company take your car? If you bought your car using personal contract purchase (PCP) or hire purchase (HP) then you're allowed to h...
Can you sell a vehicle that is on hire purchase?
Is it illegal to sell a car thats on finance? You can't sell a car on finance as you don't legally own it until you have made all your payments. ... I...
Is it illegal to sell a car when your still making payments on finance?
Can someone sell a car that is not paid off? Selling a Car that Is Not Paid Off You must close the loan offered by your lending company by visiting t...
How can your finance company accept your car payment then refuse to finance you?
Can a car loan be denied after funding? Can You Be Denied a Car Loan After Purchase? You can be denied a car loan after you've purchased it. It's unli...
How much does a special finance manager make?
Do finance managers make good money? How Much Does a Financial Manager Make? Financial Managers made a median salary of $134,180 in 2020. The best-pai...
What happens if I cancel my car contract that financed for 5 years for personal reason and its been a year and a half that I have paying the fees?
Does voluntary termination car finance affect credit rating? Does voluntary termination affect my credit score? Voluntary termination will probably ap...
If you have a dealer's license how do you start doing in-house financing?
How much do dealers make on financing? Dealers make their commission through what is known as a finance reserve. This is an extra percentage added to ...
Can your dad finance a car in his name only and let you drive it is it legal?
Can I finance a car and let someone else drive it? In order to buy a vehicle for another party, you'll have to put the loan entirely in your name, cos...
Where can I get classic car financing?
What banks will finance older vehicles? Some banks, including Chase, and most credit unions will consider loans on used vehicles that are 10 years of ...
Do I have any legal rights to a car someone else financed?
Are you the legal owner of a financed car? A car on finance legally belongs to the car finance provider until you've completed your payment plan. Once...
What is the oldest model year car you can get with a used car loan?
What is the oldest year model car you can finance? Typically, a bank won't finance any vehicle older than 10 years, even if you have good credit. If y...
What will happen if you cancel your finance agreement?
Can I back out of a finance agreement? You have 14 days to cancel once you have signed the credit agreement. ... If you haven't signed the credit agre...