auto finance loan Nanaimo British Columbia

April 2, 2020

What Happens if Your Car is Stole During an Auto Finance Loan Nanaimo British Columbia?

Being a victim of car theft is never easy. Not only is it traumatic, but it’s also inconvenient and places you in a tough financial spot. It’s even more serious if the stolen vehicle has been used as collateral in auto finance loan Nanaimo British Columbia. So how will this affect your title loan? What Happens if Your Car was Stolen During a Title Loan? Technically, nothing really changes when the collateral you’ve used to secure a loan has been stolen. The fast loan amount doesn’t change, and the lender will still expect you to repay it. It’s basically the same protocol if a car with a lien is involved in an accident. In both situations, if the car is […]