When it comes to obtaining a car loan there is nothing worse in the eyes of a lender than the recent repossession of a vehicle. Think about it! Why would a lender approve a car loan for an individual that has recently had their vehicle repossessed for non-payment? At CA Lending®, we realize that no one wants their vehicle repossessed and that statistically a high percentage of repossessions for non-payment are due to a sudden traumatic event like dismissal from a job due to company downsizing or even worse the death of a loved one; this can happen to anyone. When traditional lenders see that you have had a vehicle recently repossessed for non-payment the application is immediately declined without any further examination. That is why we have designed a program that enables people that have had a recent repossession to obtain a car loan.
3 thoughts on “Repossession Car Loan”