Automobile Repossession
Date: Fri, 09/01/2006 - 14:37
ARIZONA The CU refused to make pmt arrangements when I was in between jobs. I informed them of my new address and they started sending demand notices to the new address. A few weeks before they repo'd the car they changed my address to the previous address, called and told me to walk in a pmt. (having worked at the same CU I knew they were going to lure me in to take the vehicle) They started sending notices to the previous address which the PO forwarded. One morning my car was gone and I never rec's a notice that they were going to repo unless I made a pmt.
Is it legal for them to repo without a certified letter? And is it trickery collection tactics to change my address back to the previous address without my permission?
Can I assume they did the address change because they were ready to repo and wanted to fool me?
Is it legal for them to repo without a certified letter? And is it trickery collection tactics to change my address back to the previous address without my permission?
Can I assume they did the address change because they were ready to repo and wanted to fool me?
Quote:A few weeks before they repo'd the car they changed my add
Quote:
A few weeks before they repo'd the car they changed my address to the previous address |
This is unfair business. Did you receive any notice in the new address to prove their fault and that they intentionally changed back to the previous address?
BTW, the lender can repossess without advance notice. Go through the security agreement signed with the original lender. A lot of lenders go into troubles to make sure their contracts and other paperwork are Legal. This is to ensure that you can't go out of the loan because the paperwork is not done right. They won't tell you all about your rights, but they will definitely tell about theirs.
Some states have laws that give consumers additional rights. Contact your state or local consumer protection office for more information.
hard inquires on credit report
when and how many points can they take off your credit score for these inquires
There are many types of inquiries put in the credit report. Not
There are many types of inquiries put in the credit report. Not all of them lower the credit scores. The only credit report inquires that can lower your credit score are applications for new credit.
