Does the Car Lender Have a Right to Reposes My Car After I Made a Payment Through MoneyGram? – Abby

“Dear Steve,

I have been known to be late on car payments, but I do always make them,

I made my payment this am, through an automatic moneygram deal, and they repossessed my car that day. Did they have legal right to take it, after accepting my payment? and what do the fees to “redeem” cover, is it a penalty, or a guarantee of payment, since I have not been timely?

Thanks,

Abby”

Dear Abby,

Did the payment you make bring your loan current and how many days were there between the time you made the MoneyGram payment and the time the car was repossessed?

I need more information to answer. Oh, and what state do you live in.

Please post your responses and follow-up messages to me on this in the comments section below.

Sincerly,


You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.
Damon Day - Pro Debt Coach

See also  Repossession: Why It Happens, What You Can Do, and Your Rights Before, During and After

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