Car Repossession?

[robert3]

A creditor or car repossession crew cannot threaten the buyer, but they can follow him around as he uses the car and take the car whenever he gets out of it, even if it's only parked for a few minutes. Some cars come with an electronic disabling device pre-installed, which makes them unable to start if the buyer misses a payment. Car buying contracts sometimes offer a grace or warning period, which allows the buyer to be delinquent on payments for a specific number of days, but there may be a penalty fee for late payments.



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