Can a car payment go up in price after you get a DUI?

Question

This is just a rumor i heard, someone trying to scare me, not sure if true.

I got a DUI, and supposably after your insurance finds out, they call the bank that is giving you the auto loan, and they jack up your monthly car payments, by adding more interest.

is this true?

Answer 1

NO.

But your Credit card rates can go up. Recently they are considering this practice illegal.

Good Luck...

Answer 2

No that is not possible.

There is a possibility of insurance going up but not your car payment just for your DUI.

http://www.insuranceworldinfo.com/

Answer 3

Your car payment won't go up but your car insurance sure will.

Answer 4

No. Your interest is stated in your loan contract, and cannot be changed for any reason for the life of the loan.

Answer 5

I would go see a attorneys soon i think they cann't do that.

Answer 6

Your situation are typical for a lot of people,so,be patient and calm down,check the resource i found useful.http://carinsurance.expertsupport.info/a...

Answer 7

Only insurance will go up... and it could go up drastically!

Answer 8

No, but your insurance rates does.