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2. What To Do If Your Car Is Repossessed - AOL

   www.aol.com/car-repossessed-120051609.html

   Banks make money by financing loans, not from paying contractors to repo cars and then selling them at a loss. Cars depreciate in value quickly and dramatically. ... Your car gets repossessed ...

3. Learn How to Refinance Your Auto Loan with Bad Credit

   www.aol.com/learn-refinance-auto-loan-bad...

   For example, if there's a repossession on your credit report, consider looking for lenders that offer refinance loans for applicants like you. ... Your bank may be willing to refinance your auto ...

4. Pros and cons of refinancing a car: Is it right for you? - AOL

   www.aol.com/finance/pros-cons-refinancing-car...

   Missing payments can result in fees, damaged credit or worse: repossession of the vehicle. If you cannot make payments, refinancing may get you a lower monthly payment. You qualify for a better ...

5. Buy here, pay here - Wikipedia

   en.wikipedia.org/wiki/Buy_here,_pay_here

   In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have high interest rates. [1]

6. Predatory lending - Wikipedia

   en.wikipedia.org/wiki/Predatory_lending

   Predatory lending typically occurs on loans backed by some kind of collateral, such as a car or house, so that if the borrower defaults on the loan, the lender can repossess or foreclose and profit by selling the repossessed or foreclosed property. Lenders may be accused of tricking a borrower into believing that an interest rate is lower than ...

7. Collateral protection insurance - Wikipedia

   en.wikipedia.org/wiki/Collateral_protection...

   Collateral Protection Insurance, or CPI, insures property held as collateral for loans made by lending institutions. CPI, also known as force-placed insurance and lender placed insurance, [1] may be classified as single-interest insurance if it protects the interest of the lender, a single party, or as dual-interest insurance coverage if it protects the interest of both the lender and the ...