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If You Default on Your Automobile Loan

Question 88

Multiple Choice

If you default on your automobile loan,


A) an advance notice to you is required before your car is repossessed.
B) no advance notice is required before repossession.
C) the federal consumer credit laws give you protection.
D) you don't have to pay the full balance due on the loan.
E) the creditor pays the towing and storage costs.

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