Multiple Choice
If you default on your automobile loan,most automobile financing agreements:
A) require an advance notice be sent to you before your car is repossessed.
B) permit your creditor to repossess your car at any time without notice.
C) permit the federal consumer credit laws to protect your car from being repossessed.
D) allow you to not pay the full balance due on your automobile loan.
E) allow you to pay fifty percent of the balance due on your automobile loan.
Correct Answer:
Verified
Correct Answer:
Verified
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