Nov 19 2009
What happens if you cannot afford to pay your car finance?
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I bought a car from ford two years ago and it is financed through santander. I lost my job a couple of months ago and like everyone else is struggling to get another one. They allowed me to put it on hold for 3 months but i am due to start paying it again in May and I doubt I will have another job by then.
What shall I do?
What will be the worst case scenario if I literally cannot afford to pay them on a monthly basis?
1 Comments on this post
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Homer Z. Crowder, IV said:
You may lose the car and still owe the company some money.
Yowch.
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0November 19th, 2009 at 8:17 pm
