title loan issue
Date: Thu, 12/27/2012 - 09:15
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?
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
If the FMV of the vehicle is lesser the current loan balance, you would be required to pay the difference. Otherwise not.
