If you missed our recent post, “How to Never Miss a Car Payment,” you should go back and check it out. We have some good advice and tools on how to ensure that your car loan is always current and paid on time.
But what happens if you don’t make your payment?
Well, there are a few things. And none of them are good. Here’s what happens…
1. You’ll Get Hit with Late Fees
Yep, it’s going to cost you to miss a car loan payment. Some lenders may allow a grace period, although that’s far from the norm.…