Hmmmm
Date: Tue, 05/31/2011 - 11:40
I currently have a auto loan that has been charged off, I a now trying to reach a settlement with the CA. He wants a check for the settled amount before he sends out the title, if he even has it. What is the correct process to handle this situation.
Get the agreement in writing before sending anything.
Get the agreement in writing before sending anything.
Of course they want payment before they send out a title. NO le
Of course they want payment before they send out a title. NO lender will clear a title before payment is received and the debt satisfied.
Veryify with your lender that this company is in fact collecting on their behalf.