Suppose one has 2 - 4 credit cards with a company such as BOFA/MBNA. In addition, suppose one has an auto loan with the same finance company. The auto loan is handled by a separate arm of such a company. If one defaults on the credit cards, but continues to make monthly payments on the auto, is the auto in danger of being repossesed? Does the credit card side of the big finance company even have a clue as to the auto finance side fo the house? Unless one banks (checking or savings) with BOFA/MBNA I don't see how there can be any connection between the auto loan and cc's. There is nothing in the auto contract that even suggests a universal default clause between the credit card debt and the auto debt (probably not even legal.) Any thoughts?
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