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Hi I have a car loan that has been charged off for 9300.00. I still have the vehicle but its not in good working condition. May be worth 1500.00. My question is what would be the best way to handle this. I have gotten a preapproval for another loan, this one went bad 4 years ago. Thanks

Sell the car and the settle the rest of the amount.

Sub: #1 posted on Tue, 02/06/2018 - 11:38

(Posts: 3937 | Credits: 398.71)

Sell the car, save money and pay off your loan first. Don't buy a car taking out a loan again. Save money to buy a car in cash.

Sub: #2 posted on Wed, 02/07/2018 - 18:55

sanderspatricia29 sanderspatricia29

(Posts: 683 | Credits: 71.47)

You have to sell the car first, and use that money to pay off the loan.

Sub: #3 posted on Mon, 02/12/2018 - 11:37

Barbara Delinsky Barbara Delinsky

(Posts: 308 | Credits: 30.67)

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