Can't Make The Car Payments
I have a 20 year old daughter. We helped her buy a car and it's in my husbands name and she makes the payments. 2 months ago she quit her job and stopped making car payments. She lives with another girl, neither work and we don't know how they plan on paying rent. What to do about the car?
Moderator - Payments will have to be made by your family if your daughter doesn't pay or your credit gets ruined. Your daughter should be highly encouraged to get a job.
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---Renee on 5/21/08
Helpful Blog Vote (4)
Does your husband know that you have asked this question here, and have you asked him the same? Why isn't your daughter living at home?
If you cosigned a loan see the following: Proverbs 6:1-5, 11:15, 20:16, 17:18, 22:26, Nehemiah 5:1-13. If you made the loan: Then one choice might be to apply Matthew 18:15-20 which allows the matter to be dealt with in private, if there is repentance. If she can't pay, both of you would have to consider forgiving part (or all) of the debt.
p.s. 1) Don't uncover your daughters nakedness, but Galatians 6:1. 2) Submit to your husband. 3) Pray. 4) Be kind, Ephesians 4:32. 5) All, get saved and trust in Jesus Christ.
---Glenn on 6/8/09|
I would re-posse the car from your daughter, as if she got it all on her own. If you continue to let her drive the car and you make the payments, what lesson is she learning? If they can't pay rent, then that is their fault. Because if their able to work, then like everyone else they need to work so they can have the things that are needed.
---Rebecca_D on 5/23/08|
Look to share the wisdom of responsibility in a very carrying & merciful way. Help her to realize the value & importance of all that we vow to say & do and how these are the seeds that we are sowing into our lives, that makes up the harvest that we will reap. Let her know that, to have a prosperous life, it is better not to make a vow than to vow and not pay because in doing so we will find the work of all that we put our hands too destroyed and taken away (Eccl.5:4-6).
---Shawn.M.T on 5/22/08|
Either you pay for the car, or you may be in big trouble with the credit company. Your credit will be ruined for 7 years if you don't pay. Now is the time for tough love. If your daughter can't pay rent or anyother bill in her name, DON'T pay them. Let it refect on her credit. I hope you at least have the car back. If she has an accident in it, and it's in your name, guess who the insurance company is going to come after for the deductable pay? Let her know you love her, but don't finance her.
---wivv on 5/22/08|
How many payments has she made on this car? If she alsmost has it paid off (which may well not be the case), pershaps some forbearance is in order.
And why did she quit her job. On the surface, I admit it sounds irresponsible, but there may be something else going on that you don't know about: anything from clinical depressiono to sexual harassment.
---kumquat on 5/22/08|
The payments have to be made and seeing that it's in your husbands name he will have to make the payments or face a ruined credit rating. Take possession of the car and sell it to get your payments back. Give her the remainder of the money that she paid off for the car if there is any. Explain all this to her so she knows what is going on.
---john on 5/22/08|
Take the car back and sell it. I had a similar situation with my son and I took back his car and it helped him shape up.
---Trish9863 on 5/21/08|
I like Donna's response. Take the car away from her. Tell her she can have it back when she gets a job. If she whines about needing the car to get a job, tell her that's why God gave you legs...and friends with cars. Maybe next time she'll think before she quits her job and her responsibilities.
---Todd1 on 5/21/08|
She lived with another girl who did not work. And now she has quit her job. I wonder if they have plans on who is going to pay their rent (o: Two months, though > that should get the landlord communicating with them, if he/she hasn't, already. Why did she quit? Was it something at her job, or perhaps their relationship draining her emotionally from maintaining a work routine? Drugs? You may have more to deal with than financial issues, here.
---Bill_bila5659 on 5/21/08|
To teach a 20 year old responsibility, you should really take the car away from her. If you don't, you are enabling her to do whatever she wants even though she has responsibilities. That's not a good steward of the Word of God, nor a good teacher of responsibility. Tell her she NEEDS to get a job, it's not a choice, but a need in her life. The bible says if a man doesn't work, neither should he eat. The Bible also says, "Faith worketh." Amen?
---donna8365 on 5/21/08|
If the payments cannot be made. Take possesion of the car from your daughter and try to sell it to pay off the loan.
---pg1 on 5/21/08|
It might be a good idea to take the car back from her. She cannot complain if it's in your name and she no longer makes payments. That doesn't help you make payments either but you could sell the car perhaps. If she quit her job it shows a certain amount of irresponsibility so she might need a short, sharp shock. I'd suggest you don't get involved with her rent payments either
---RitaH on 5/21/08|