Car Finance Advice

[Natloup7]

Hi,

A few years ago I had a hire purchase agreement for a car with very high apr but got the car anyway. After 5 months of having the car fianace my husband who was meant to be paying them was not and kept this information from me. He did have rights to talk to them but neither him or the car finance company contacted me to let me know how bad things had got. In the end the car was repossessed by the finance company and sold at auction. Since then I have had to pay them the outstanding balance. The question I have is when I have paid half of the balance can I ask the car finance company to terminate the contract so I no longer have to pay off this debt.

or is there any other way I can sort this out

all advice would be appreciated
thanks
Nat

[R0b]

As the car has been repossessed, you've now lost that opportunity to limit your liability as the agreement would have terminated when you gave up the car. You are going to have to pay the remaining balance, not just half of it.

[Natloup7]

Thanks so much for your advice