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Paying back car finance

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  • 08-03-2017 11:28am
    #1
    sean_24
    Registered Users Posts: 20 ✭


    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?
    Tagged:


Comments

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    #2
    Meeeee79
    Registered Users Posts: 465 ✭✭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


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    #3
    mickdw
    Registered Users Posts: 23,300 ✭✭✭✭mickdw


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


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    #4
    sean_24
    Registered Users Posts: 20 ✭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


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    #5
    Atlantic Dawn
    Registered Users Posts: 81,739 ✭✭✭✭Atlantic Dawn
    M


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


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    #6
    sean_24
    Registered Users Posts: 20 ✭sean_24


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


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    #7
    [Deleted User]
    Posts: 5,121 ✭✭✭ [Deleted User]


    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.


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    #8
    sean_24
    Registered Users Posts: 20 ✭sean_24


    The car is financed by me personally, no company involvement


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    #9
    Meeeee79
    Registered Users Posts: 465 ✭✭Meeeee79


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


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    #10
    [Deleted User]
    Posts: 5,121 ✭✭✭ [Deleted User]


    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.


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    #11
    sean_24
    Registered Users Posts: 20 ✭sean_24


    Ah right I hadn't known that. thanks!


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    #12
    Atlantic Dawn
    Registered Users Posts: 81,739 ✭✭✭✭Atlantic Dawn
    M


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


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