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View Full Version : Car repossesion if you are delinquent on a mortgage


aprielelliott
Feb 13, 2013, 11:22 AM
Can a credit union repossess a car that you have financed with them if you are delinquent on a mortgage with them? Does the cross collateral clause apply to mortgage loans and auto loans?

smoothy
Feb 13, 2013, 11:23 AM
It might... everything depends on the actual wording of those loans.