Will a job loss cause me to lose my car loan?

"I recently lost my job. I still have some money saved up for my car loan.

But will the lender revoke my loan if they find out I lost my job?"

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Eric Schad
Answered on Jun 16, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
“No, you won’t lose your car loan, even if your lender finds out you lost your job.
As long as you keep making the payments, you shouldn’t run into any issues.”
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