Americredit Financial

Hello Risapol: I had a car loan with Americredit
for two years...My interest was very high and I had a hard time keeping up with payment each month..they were very kind on making arrangements though..I would shop around for a cheaper interest rate before considering them...Hope this helps:)

thanks for your response...I am in the same situation...I am 3 car payments behind and they are usually good with me, but yesterday I talked to some nasty woman! She didn't have to talk to me the way she did...I just called to state that I tried paying them with a credit card through western union, but western union handles the transaction as a cash advance, instead of a credit transaction. I just simply asked if there was some other way to pay by credit card and she blew up on me! It was uncalled for and left me highly upset. I had to find another way, cash wise to pay them. I asked a friend and waitinf for their answer so I can pay them asap, so they get off my back. How many payments were you ever behind and did they ever threat repoccession?

Hi: Sorry you had to deal with someone like that.there are always a few bad apples in the bunch..I was 3 payments behind...they would leave messages stating "please call us by 5:00 or we will be forced to make a decision"...call and explain that you are in hardship and can they split the payments up for you...I Finally got refi..through my credit union..Is it possible for you to refinance?..Hope this helps

I have a car loan from them. They seem always willing to assist you. Would they not offer a check by phone...there is a $7.50 fee, but it is likely less than the amount you are paying for Western Union. I have gotten behind before and they allowed a defferment option. I am not sure that you have used this before, but they may be able to work with you on it.

I have a car loan with them as well. I have only been as much as a month behind but they usually worked with me. Last month I had just gotten off a two month deferrment and since the deferrment I had taken out five payday loans. I was able to pay my car note but it was over 10 days late and I had to default on the loans. Usually they have been very nice to me about it but last month they were upset because I had just come off the deferrment and was late in paying the bill.

They were calling me everyday and just asking me to call them by 5pm...I would call and explain my situation...but now they have stopped calling and that worries me. :(
I just asked my neighbor to borrow the back money, so hopefully she will let me so I can at least get caught up. I'll keep you updated.

risapol---How many payments are you behind? I would call THEM and explain the situation. To me that would show that you are at least willing to work something out. Good luck.

If they have stopped calling you, likely they are prepared to issue a notice to cure. It will allow you roughly 25 days from your last payment to due to clear this up. At least that was the case when I had been behind for two months before.

I stated the above comment...man, I forgot to log in.

The good news of all this, is my friend is lending me my past due amount of $1200.00, so I am going to send this Western Union tonight so they get it right away. I still owe one more payment, but I will be paying that Friday , the 9th. So I will be caught up then. What is a notice to cure? Do you get that in the mail? Please tell me as much as you can about this...thanks!

I have had two loans with Americredit , and they are usually pretty decent about working with you if you get behind. They have an option to pay your account on line through their website, which works well ( I think it is somehow worked through western Union) But it's free and it posts immediately. A few times I got behind by like 40 days and they would do a deferment to get me caught up, and any reports they had made to the CRA's are reversed and re reported as Paid on time.

All in all they are decent to deal with, but they will go nuts calling you ten days after you are due. If you get someone rude, hang up and call back, you have a better chance to get someone willing to help you out.

I have a car loan with them as well. I am 41 days late right now. I just came off a deferment so they will probably get upset with me. Most of the folks are really nice to me and work with me. I have had a couple of folks tell me that they are Americredit and they can come get my car anytime they want to. When I called back to talk to someone, they would tell me that as long as I work with them and make a payment when I can, then I am fine. I also have a loan with GMAC and they have gotten much better now that GMC sold the financial part to a private company.

SHbear, is this late payment the first one after your deferment? When I did deferments in the past, I was told if your were late on the first payment after the deferment, then it effectively undid the the deferment,and they could try to repo at that point. While Americredit tries to make themselves as big a pain in the a** as possible, they do seem pretty tolerant if you keep communication open and at least show some sort of effort to catch things up.

Clay, yes it is. The problem is that I have had to go on short term leave because they discovered uterine cancer and I am having a hysterectomy next week. We didn't anticipate this and I am only making 60% of my normal pay. Plus, I am the only working member in my family. Do you think if I call them and tell them the situation, that they will work with me?

Wow, sorry to hear that. I would definitely call them and explain the situation. Maybe they have something else they can do for you.

I just called them and they said they will work with me.

Please net us know what you work out with them I would be very interested to see how far they will go to work with someone..