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  1. #1
    Join Date
    May 2015
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    1

    Default Repossession by a Title Loan Lender When Payments Weren't Late

    My question involves collection proceedings in the State of: Tennessee. If you have a Title loan and your last payment was made 31 days ago can they repo your vehicle IF your NOT behind? Technically I Paid the last payment 31 days ago and was up to date.

  2. #2
    Join Date
    Sep 2005
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    Behind a Desk
    Posts
    98,846

    Default Re: Title Loan Repayment Plan

    What grounds did they give for repossession, and what does your contract say? There are potential ways to violate your loan agreement other than by missing a payment -- for example, if you are required to insure the vehicle but allow the insurance to lapse.

  3. #3
    Join Date
    Mar 2013
    Posts
    18,340

    Default Re: Repossession by a Title Loan Lender When Payments Weren't Late

    Quote Quoting tardis00
    View Post
    My question involves collection proceedings in the State of: Tennessee. If you have a Title loan and your last payment was made 31 days ago can they repo your vehicle IF your NOT behind? Technically I Paid the last payment 31 days ago and was up to date.
    How about the current payment.

    What date is that due?

    If it was due today or before today then you are in default (unless there's a grace period) and it doesn't matter what you did 31 days ago.

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