Ok. I have been reading some of the 400 posts & i have noticed a common thread or threads.
1. Its not your fault
2. Someone lied to you
3. You don't have money to make payments
4. You have money for a class action lawsuit
5. You have money for a computer & Internet to post about not having money
6. The car/dealer said one thing & you didn't get it in writing
7. You play the sympathy card easily:
a; i was in Iraq
b; spouse died
c; lost job
d; i became sick
8. You signed a legal contract but don't know how interest rate works
9. You believe that if you make borrow 10k from a bank you pay back 10k & the loan will be zero balance.
10. You have multi repos, foreclosures, chargeoffs but you think a bank should not be careful of letting you borrow money
11. You do not return phone calls from the bank that owes you money
12. You don't want to pay $10 to make a payment over the Internet but would rather be late.
13. You think that a company that has been doing business for 11yrs has billions of dollars at their disposal is doing something illegal.
14. Out of 70k loans this company has done you represent 400 that cant seem to get the whole borrow money make a payment... Borrow money make a payment..
Does this apply to everyone? No. Do companies make mistakes... Sure. I have my car payment taken out automatically with wellsfargo. They took out 2 payments by mistake. I called them got one of the charges reversed. End of story. I got them to fax me confirmation that 1. I made at least one payment & my account was in good standing. 2. That they reversed the 2nd payment & that my account was in good standing. Simple.
I think its funny how many cars we repo with rims. They have enough money to buy $2k rims they car note is behind & instead of taking off the rims & selling them to make payments they let it all repo. Here is a rule of thumb for all of you to follow. Your car payment must be under 15% of your GROSS monthly income. For every 1000 you make a month you can have 150 car payment. You make 2000 a month you should not pay more than 300. That's how much car you can afford... Anything more than that & you are screwing yourself.
Stewart
Dallas, Texas
U.S.A.
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