Because interest accrues daily, you will pay additional interest for every day that you do not make your payment after the due date. If your scheduled payment has not been made by the 10th day following your payment due date, a late charge will be added to your account. If you become 25 days late on a scheduled payment, you will be in default status. If you become 30 days past due on any scheduled payment of if at any time your full-coverage insurance lapses, your vehicle will be scheduled for repossession. To redeem a vehicle that has been repossessed, you will be required to pay repossession fees, past due balance, and advance payments (monthly customers must pay 1 payment in advance; weekly customers must pay 2 payment in advance).
In the event your vehicle is repossessed for a lapse in insurance coverage, you will be required to show proof of 3 months prepaid insurance and pay repossession fees to redeem. In the event you are repossessed a 2nd time, CMM Finance, Inc. requires the vehicle to be paid-in-full in order to redeem.
No credit financing, bad credit financing, slow credit financing, first time buyer financing, second chance financing service serving Muscle Shoals, Florence, Tuscumbia, Sheffield, Russellville, Huntsville, Leighton, Town Creek, Tishomingo, Iuka, Belmont, Cherokee, Spruce Pine, Phil Campbell, Mount Hope as well as all of Northern Alabama, Southern Tennessee and Eastern Mississippi, Prattville, Millbrook, Montgomery, Wetumpka, Clanton, Coosada, Selma, Selmont, Marion, Orrville, Summerfield, Deatsville, Dadeville, Tallassee, Alex City, Greenville, Maxwell AFB, Tuskegee, Auburn, Opelika, Greenville as well as all of Central Alabama.