DriveTime Automotive Group Inc. is an American used car retailer and finance company. It is based in Tempe, Arizona, and sells and finances cars to customers around the nation. … It also spun off Carvana and GO Financial, SilverRock Group Inc, and Bridgecrest Acceptance Corporation.
Keeping this in view, can I keep my car after a charge off?
An auto loan charge-off without repossession is unlikely, unless you have an unsecured auto loan. … If you don’t make your car loan payments as agreed, your lender can take back your vehicle and keep it as payment for the missed loan payments or sell it to recover the money you owe.
Subsequently, does Bridgecrest allow principal payments?
If you are current on your Bridgecrest auto loan, paying ahead or paying towards your principal balance can save you money! Paying ahead can also provide a cushion for unforeseen financial difficulties such as major repairs or loss of income.
Does Bridgecrest sue?
Can I sue Bridgecrest for Harassment? Yes. You can absolutely sue. Oftentimes suing is the best course of action considering your case is legitimate and your grievances are serious.
How do I contact Bridgecrest?
If you need immediate assistance, please contact Customer Service at 1-800-967-8526. If you are requesting an update to your Contact Information, please allow up to 7 days for your request to be processed.
How do I know if my car loan interest is Precomputed?
The most important thing is to read through any loan agreement before you sign up. It may not be called a precomputed loan and it may not mention the Rule of 78. Look for mentions of an interest refund or rebate, or you could ask the lender directly if you’re dealing with a precomputed loan.
Is Bridgecrest a lender?
Bridgecrest Acceptance provides financing to consumers and assists them with making payments on their accounts, and Bridgecrest Credit is a loan servicing company (basically, a company that only assists customers with making payments on their accounts).
Is it easy to refinance a car?
Refinancing your car loan is fast and easy — and can put more money in your pocket. You may be able to reduce your monthly payment and boost your total savings on interest over the life of the loan. You generally need a history of six to 12 months of on-time payments to make refinancing worthwhile and possible.
Is it smart to pay off your car early?
Paying off your car loan early frees up a good chunk of extra cash to keep in your pocket. … If your car loan’s rate is low compared to other types of debt, like credit cards, consider paying off the debt with the highest interest rate first. That way you save more on total interest owed.
Is it worth paying off car finance early?
Paying off your car finance early can save you money on interest, but it won’t always be the best decision. It could be worth paying off your finance early if: … When you finance a car through hire purchase or PCP, you won’t own the car until you make all your payments, so paying it off early means you own it sooner.
What loan company is Bridgecrest?
Bridgecrest is a licensed, FDCPA compliant third-party servicer focused on servicing auto loans for DriveTime and other affiliated finance companies. Bridgecrest provides a world-class customer service experience to over 200,000 customers throughout the duration of their loan.
Where is Bridgecrest?
Company Description: Bridgecrest is located in Mesa, AZ, United States and is part of the Activities Related to Credit Intermediation Industry.