Question about I had took out a car title loan don’t have the money right now :
I had took out a car title loan in Texas, I recently moved to another state after that. I was going to pay it back when I got into school and got a job. I’m behind on my bills and just had a job interview as Deputy Sheriff. My question is will I be in trouble if I have not paid them back yet and I still have the car. I do not want to go to jail over this car. But I have no other transportation. It’s been 6 months. I tried calling them to see if I caould send a couple hundred dollars, but they said in order to do that I would have to be there to resign the contact. so I have to wait till I get all of it to send at once so they can mail me my car title. what do I do?
If they cant find my car to repo what will happen? I’m gonna pay later, will it show up on my credit history?
Answer about I had took out a car title loan don’t have the money right now :
I’m sure it’ll show up however that’s not what you should be worrying about.
When you go for a job in Law Enforcement you have to take a lie detected or voice stress test. Let me tell you, they will ask if there is anything that you have intentionally left of of the background check (if you are going to leave this off of your background check). Once you lie, that’s it you are done with your career in LE.
Don’t worry, they can find you…and your car. You put your vehicle up as collateral for a loan and now you can’t pay. What do you think will happen? The car isn’t yours until the lien is released.
Yea they will find you. most likely they will repo the car and you credit will go to sh** the only choice you have is to hurry get a job and pay the loan or find someone who will buy the car and transfer the loan to that person.
source here.
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