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Under what conditions can a lender repossess a vehicle?

Select the best answer from the choices provided.
if the insurance premium payments are late
if the loan payments are late
if the owner's cosigner defaults on a credit card
if the owner's cosigner defaults on a car loan

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alexandertodorov
            

If you fail to make your car payments or otherwise default on your loan, you risk having your car repossessed by your lender.  Read on to learn more about how car repossessions work, how to avoid them, and what your options are if your car gets repossessed.

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