cancel
Showing results for 
Search instead for 
Did you mean: 

Partial payment on non-reaffirmed vehicle Ch7

Alphas424
New Visitor

Partial payment on non-reaffirmed vehicle Ch7

We did not reaffirm our cars with Ch7 - we have been making full payments on time to prevent them from taking the cars, but has anyone ever made partial payments and been able to keep it? I can’t really afford to keep making the payments as high as they are.. but I figure if I’m paying something, they wouldn’t be as inclined to take the car, because it’s better than accepting a total loss on it.
Message 1 of 3
2 REPLIES 2
FireMedic1
Super Contributor

Re: Partial payment on non-reaffirmed vehicle Ch7

They will treat it as if you reaffirmed. You miss payments. Repo time. They just cant collect any balance due. If you cant afford it any longer. Go find a decent used car that you can afford and turn in the present car.





My posts are JMHO. My siggy is not to brag at all. Just sharing my experiences after learning here from rebuild to recovery after BK DC 540's. And to show fellow members what can be accomplished when you do it right and play the FICO Credit Game.
Message 2 of 3
Tuscani
Moderator Emeritus

Re: Partial payment on non-reaffirmed vehicle Ch7

I doubt they would take partial payments at this point. You could call and ask. They may instead be motivated to get the car back and resell before more depreciation. 

Message 3 of 3
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.