If You Default on Your Automobile Loan,most Automobile Financing Agreements

question 125

Multiple Choice

If you default on your automobile loan,most automobile financing agreements:

• A)require an advance notice be sent to you before your car is repossessed.
• B)permit your creditor to repossess your car at any time without notice.
• C)permit the federal consumer credit laws to protect your car from being repossessed.
• D)allow you to not pay the full balance due on your automobile loan.
• E)allow you to pay fifty percent of the balance due on your automobile loan.

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