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Help please asap!!!!

Date: Fri, 02/04/2011 - 17:44

Submitted by anonymous
on Fri, 02/04/2011 - 17:44

Posts: 202330 Credits: [Donate]

Total Replies: 4


Ok i need some help...i've had a car loan with them since 2005 an my balance is a little over 2600.00 but over half of that is late fees an interest so they called me an asked for the full payment an i told them i've got my tax return an it's for 1500.00 an will they take this an close the accout well was told no they will only take the payment of 80% of the balance. an said if i can't pay they will come an get the car an sell for 2800.00. Ok i've been out of work for 2years an i've paid the car every month but yes alot of the time i was late but i paid it.I feel just take the 1500.00 an leave me alone the car has been paid for.So my question is what should i do?


If they do take it, they will charge you the repo fees and then sell it at auction for whatever they can get for it. Depending on how old the vehicle is, you might be left with a deficency balance which with repo costs and legal fees could still leave you owing what you do now. Give them the tax return and figure out of way to pay the rest and keep the car.


lrhall41

Submitted by SOAPLADY on Sat, 02/05/2011 - 13:29

( Posts: 17315 | Credits: )