Capital One - 2 Loans, behind... Need HELP!
Date: Thu, 12/09/2010 - 06:19
Submitted by Anonymous in trouble
on
Thu, 12/09/2010 - 06:19
Total Replies: 1
I have 2 loans through capital one for 2 different cars. November was extremely rough for me and I was nt able to make my payments, ($220 & $270). I tried to tell them ahead of time that i was not going to be able to pay and needed help but to no avail. Now I am a month behind, and their solution is to pay every two weeks instead of once amonth. But DUH! I already pay a payment every two weeks(which i tried to explain) because I have 2 loans..... I need help and am not sure what to do, I dont want to get further behind, but dont see any way to get caught up.
Ask them about an "interest only" payment or a deferrment. This
Ask them about an "interest only" payment or a deferrment. This is where you would only pay the interest due for the month and your payment would be tacked on to the end of your loan. It extends the loan but would get you caught up.