The overdue car loan guarantee company towed my car away. Is it useful to call the police?
Useful. Banks/lending institutions themselves have no right to tow cars. Only by suing the court and applying for enforcement can the court tow the car. If the car loan company charges a high towing fee, the alarm can also be solved. Timely alarm can also prevent the other party from auctioning the vehicle directly, and then use the auction proceeds to pay off the arrears. However, even if the vehicle is temporarily rescued after the alarm, as a borrower, it is natural to fulfill the repayment obligation and find ways to pay off the arrears as soon as possible.