Consequences of Not Paying Your Car Finance
If you’re behind on your car finance payments, you may be wondering what will happen if you don’t catch up. The truth is, there are a lot of consequences that can result from not paying your car finance. We’ll go over some of the most common ones in this blog post. First of all, you could end up with a low credit score, which will make it difficult to get approved for car finance deals for bad credit score. You may also have to pay late fees and penalties, which can add up quickly. In addition, your car may be repossessed if you don’t catch up on your payments.