Don’t be taken for a ride when a creditor wants to repossess your car

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
Woman stressed inside of her car.
Woman stressed inside of her car.
FG Trade / Getty images

The economic climate is gloomy and many people are feeling it. This is the case more especially for those with big debts such as bonds and car installments.

It is easy to make bad financial decisions when money is tight and debt big. However, whatever decision you make will definitely have consequences.

Lenders will be out to get their money or take back the purchase. However, you still have rights and you need to not just handover the keys of your four wheels should you fail to make a payment.

Support independent journalism
Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism.
Subscribe
Already a subscriber? Sign in