What would happen if I fail to payback Hire Purchase settlement?

The insurance company or the lender may retrieve the car if the owner of the car has not completely paid off the loan

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When does the finance becomes an Outstanding Finance?

Finance turns into outstanding finance when the previous vehicle owner still has the finance to pay for the vehicle and still sells the car. In that case, the seller hides the financial information from the buyer to sell the vehicle. This is considered as a fraudulent activity when the financial information is not informed to the buyer. Free Advice: Before buying a vehicle check if a car is on finance. Types of outstanding Finance Hire...

Check Outstanding Finance before you regret!!

Once the registration has been done to your name, you will become the legal owner of the car, hence making you responsible for the car finance dues. https://cardotcheck.tumblr.com/post/611459865752256512/check-outstanding-financ...

Buying a car with outstanding finance

Vehicle finance is the most sought after topic in the recent years, since using liquid cash is just not a very clever option in terms of financial literacy, 90% of the new cars that are bought by buyers are purchased on finance, even the public goes for such methods to cover their vehicle expenses. Until and unless the current car owner has paid off the remaining dues, the car would still legally belong to the finance agency from where the finance plan was taken. Is it possible to buy a car with outstanding finance? Yes, things like these happen....

Check Outstanding Finance On Car ?!

5 reasons why you shouldn't buy a car on outstanding finance Shouldn’t you know if it is possible to sell a car when it carries outstanding finance? The government should have looked into this matter, because it’s really been prevalent regarding outstanding finance. Usually dealers can’t buy everything with cold hard cash, they have to go for credit and that is why most vehicles have unpaid credit towards the finance companies that they...