Car Loan is not repaying - since 11/20

Y

• 29/08/2021 06:09

Hi,

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.

 

1

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  Lucja (Mintos)

  Community moderator

  • 30/08/2021 12:21

  Hi, please send us a message to our email address support@mintos.com, we will contact the lending company and get back to you through email once we have more information.

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  Y

  • 30/08/2021 12:26

  Hi Lucja,

  thank you for the quick response. I just wrote the email you asked for. Feel free to anwer in this thread for everyone to follow.

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  TSB

  • 30/08/2021 19:19

  Answers should be addressed here indeed.

   

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  Y

  • 10/09/2021 12:37

  12 days later: Are there any new information?

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  Annija (Mintos)

  Community manager

  • 13/09/2021 07:34

  Hi Y, we are still in process of clarifying this case. The update will be published here. Thank you in advance for your patience and understanding.

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  Lucja (Mintos)

  Community moderator

  • 28/09/2021 13:20

  Hi, thank you for waiting. Please be informed that this loan is finished now, as the lending company paid it off. 

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