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Debt Consolidation Forums Getting a loan or mortgage and avoid foreclosure forums

title loan issue

Date: Thu, 12/27/2012 09:15
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I got a title loan for $600 on a 98 Escort 134000 mi on it
I paid a payment of $200 on the first payment. The second payment is now due. I called the title loan company and asked jow i go about just dropping off the vehicle? The lady replied just come in and sign ov the vehicle. The next day i received a phone call saying that wasnt good enough and i would owe still on the balance that is left over balance after it was auctioned. Is that legal? Is their anything i can do?




If the FMV of the vehicle is lesser the current loan balance, you would be required to pay the difference. Otherwise not.


Sub: #1 posted on Fri, 12/28/2012 - 01:34

Steve Barris Steve Barris

(Posts: 1045 | Credits: )

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