You have to default on your obligations before they can repo. However, from prior experience (I had a mortgage with Pyramid way back when), if they want thier money back they can search the fine print for a default to issue a letter of demand to get their money back earlier than the loan term. In my case, I had renewed my property insurance but my broker failed to provide evidence to Pyramid, they served demand on me and made me refinance.
GMAC will have the same option, so keep everything in order (if you refinance, only the finance company makes money.
Oh yeah, and Happy New Year.
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I used to hate the fool in me, but only in the morning
now I tolerate him all day long
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