Paying back car finance

sean_24

I'm considering leaving my current job. Does anyone know if that will affect my car finance? I won't be missing any repayments, its just that my statements will change. Will the finance company care once they keep getting the repayments?

Meeeee79

If the finance has already been approved and you are currently repaying then no they wont care (or find out probably) once you keep up your repayments

mickdw

once you have got it, you just need to keep paying

sean_24

Not too bad so. Thanks for the quick replies, I was beginning to think I'd have to stick it out for a couple years

Atlantic Dawn

What do you mean by your "statements" would change?

sean_24

Just that my bank statements won't show the payments from the current employer anymore

Who owns the car - is it yours or a company one?

If it is yours I don't see why anything would be changing even a statement.

sean_24

The car is financed by me personally, no company involvement

Meeeee79

How would the finance company know though? They only see your statements on application

sean_24

sean_24 wrote: »

Just that my bank statements won't show the payments from the current employer anymore

The finance company won't be able to see that.
If it is your car and they keep getting paid they won't notice or care.

sean_24

Ah right I hadn't known that. thanks!

Atlantic Dawn

They won't care, once they are getting their payment each month they won't worry about your employment or finances.