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Car Finance

  • 02-10-2013 11:13pm
    #1
    Miss Mayhem
    Registered Users Posts: 72 ✭✭


    Hi. I'm trying to get some advice for my mate Peter. He got a car on finance earlier this year. So far he's paid over a third of the price of the car back. But he's recently been made redundant from his job and he can't afford the full payments anymore. He wasn't able to pay the last payment and the finance company have just sent him out a letter saying that they were terminating the hire purchase agreement and that he has to give back the car. What should he do? Anyone got any advice for us?


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