Can your vehicle be repossessed by having a partial payment 6 days past due?

Technically, your lien holder has the right to repossess anytime you don't meet the obligations you agreed to- which in this case is paying your car payment on the same date each month. Luckily, most financial institutions have a ten day grace period as far as auto loans are concerned. In my experience of counseling many people who are delinquent on their bills, no one has ever been repossessed in such a short time period. Typically, the lien holder will wait until the next billing cycle and send a statement with two payments due as well as a late fee. In this case, they are making out on the deal, assuming that this was a one time oversight or hardship. They usually get both payments as well as the late fee. However, when you let the payments slip further behind, then they will most definitely call to see whats going on. If they have already called after 6 days, it could be because you have never paid late before, and they want to give you a friendly reminder so you don't potentially hurt your credit. And with this call, most are really understanding and willing to work with you. As far as I know, no finance company can refure a partial payment either. So I would take a deep breath if I were you and make sure that you send the rest of the payment ASAP.