I have a question to the following loan: https://www.mintos.com/en/loan/29127829-01
It's a car loan that is not repaying since November 2020 and it has no buyback obligation. The reamining principal is 900€ and the collateral is a car with a valuation of 2500€. In my understanding the car has to be selled to pay out the debts - but why is nothing happening?
It's not a big thing for me, I just bought 9€ after it delayed so I can see what will happen, but I just dont understand, why nothing is happening and I want to understand the mechanics.
Thank you for your explanations.
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