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How to save your car from repossession

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When your car is repossessed it has a major impact on your life. (iStock)
When your car is repossessed it has a major impact on your life. (iStock)

Cape Town - Are you finding it difficult to pay the instalments on your car? If you are then you risk the bank repossessing and you may still end up paying the shortfall if it is auctioned off.

However, there is a legal process that must first be followed, and consumers need to understand it to protect themselves, explained Wikus Olivier from DebtSafe.

He emphasised that consumers should know their rights and what the law specifies in this matter.

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