My Car Payment Was Due In August- I Will Be Paying It At The End Of This Month-Am I Ok?
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No, Probably not. First you have to know when it was actually due and when the late payment date was.
But the thing is that even if you pay at the end of September you will be a month late for August and even if you just keep paying for the next few months you will just keep building up late payments. Within 3 months they will start to repo your car.
What you have to do right now is call or go to the bank and tell them what has happened. If you are lucky they will just add a little interest to the end of the loan and let you keep going with the missed payment. You will just have to pay that payment at the end of the loan.
Talk to them now or else!
But the thing is that even if you pay at the end of September you will be a month late for August and even if you just keep paying for the next few months you will just keep building up late payments. Within 3 months they will start to repo your car.
What you have to do right now is call or go to the bank and tell them what has happened. If you are lucky they will just add a little interest to the end of the loan and let you keep going with the missed payment. You will just have to pay that payment at the end of the loan.
Talk to them now or else!
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