It’s not always easy to get your car back if it's been repossessed, and you may find yourself in trouble if you don’t have the financial means to deal with it.

Regardless of whether you voluntarily surrender your car or it’s repossessed, it still affects your credit score. But, there are ways you can avoid repossession and save your credit.

A repossession is one of the worst things that can appear on your credit report if you are hoping to finance another vehicle. Here's why it can happen and what you can do about it.

When you fall behind on your car loan payment, it’s a good bet that repossession is in your future. But, because laws on this vary by state, this may not be the case in every situation.

There’s no set amount of time that dictates when repossession can take place, so it’s difficult to say how long you’ll have your car after missing a loan payment. But, if you fear repossession, talk to your lender. Rather than hoping the repo man won’t find your vehicle, do what you can to make the process easier on yourself.

If you're behind on your car payments, you need to take action. If you get far enough behind, the vehicle will eventually be repossessed. And, unfortunately, car repossession can be fairly devastating in a number of ways.

Your vehicle can be taken from you if you are late with payments in an act known as repossession. A repossession will cause your credit score to take a big hit, and it can remain on your credit reports for up to seven years. Let’s take a look at how auto repossession works.

What happens if you suddenly discover that you can't afford your car payment? If it turns out that your car payment is too expensive, there are actions you can take.

You may have heard the terms “secured” and “unsecured” loans thrown around. Your auto loan is considered a secured loan, but what does that mean? How do secured loans work and what happens if you default?

Repossession may put an end to a cosigner’s responsibility toward a loan. However, they have certain legal rights to which the lender must adhere.