Are there lenders that accept partial payments for car loans?
My husband lost his job and we're running into some problems paying our bills. Could we get away with making a partial payment on our car loan?
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Answered on Mar 18, 2021
Johnny Puckett is a freelance writer and automotive expert. He has contributed content to a number of some of the largest online publications, aftermarket automotive manufacturers’ sites, and automotive informational sites. His experience in the automotive and information fields informs his writing at Jerry. His automotive interests bleed into his free time, where he enjoys modifying his favorite cars and woodworking.
When it comes to auto lenders, generally speaking, a payment is considered late if it is not paid in full by the due date. If you cannot make a payment in full, it would be a good idea to call your lender and discuss your options.
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