3 Benefits Of Nighttime Repossession Towing
Few drivers have the financial resources to purchase a vehicle outright. Banks and credit unions offer auto loans that help spread the payments out over time. Until you have fully repaid the lender, the vehicle technically belongs to the bank or credit union that financed it. If you fail to make timely payments, then your financial institution will repossess the vehicle in order to sell at auction and recoup some losses.