Car repossession isn’t nice. For whatever reason, you’ve found yourself unable to pay the loan on your existing vehicle. This carries a significant risk of credit damage. Vegas Cash for Cars helps clients avoid this risk by purchasing the vehicle and paying off the loan.
We’ve helped hundreds of customers in Las Vegas prevent car repossession; a service that retains their credit status while eliminating the stress that comes with visitations from repossession agents.
Stop Repossession Today
Our hassle-free service is fast and efficient. There are three steps to our process:
- First, you submit an application – with all relevant documentation – that details the conditions of your vehicle and its associated loan.
- Second, our finance department approves the application.
- Third, we pay for your existing vehicle and collect the vehicle at a time and place of your choosing.
There are no hidden fees or charges, either. Our service is open, honest and transparent – a service whose sole purpose is to eliminate any bad debt from your credit status. Plus, we process most applications within a matter of hours.
If you’re located in Las Vegas and are looking to prevent car repossession today, contact a member of our team. We are always on hand to deal with any queries you may have. Submit your query using our online form and we will get back to you very shortly.
Repossession Help – Our FAQ
Let’s review some of the most common questions we, at Vegas Cash for Cars, encounter about car repossession.
How common is car repossession?
Very common. The number of car repossessions increased from one million to almost two million between the mid-90s and 2010. More and more people now turn to dealerships to stop repossession – buying the vehicle and paying off the bad debt.
Why are repossessions so common?
There are many reasons, often unique to each person. For example, an individual may suddenly experience unemployment, meaning they don’t have access to the finance that helped raise the loan for their vehicle. More people are also taking risks with their finance, not realising the extent of their risk and hoping that they’ll be able to see the loan through. These are just two of the most common reasons, but we’ve encountered many more reasons over the years.
What can we do to prevent car repossession?
It depends. If you’re at the early stages of financial difficulty, you may be able to discuss the matter with your loan provider. Failing that, refinancing is another possible solution. However, our service – that of purchasing the car and paying off the loan – is the most convenient option for consumers. There is no risk and it only takes a matter of hours to organize.
Want to learn more about our other services? Check our this page for more information. Vegas Cash for Cars is the leading cash for cars service across Las Vegas; helping our customers buy and sell used cars, while also helping clients to prevent car repossession.