In 2002 I bought an automobile and also the funding was through the corporation. The agreement was for 72 payments, I've today created 69 payments, however they claim I owe $8000.00, just how can that be. They state that it's costs and curiosity, my cost was only 552.56 monthly. I do want to understand if anybody has actually prevailed with this particular organization. I gave them an alternate to us filing bankruptcy (simply to escape from under each one of these costs) I stated that we're able to proceed and purchase another automobile having a big refund, then this automobile might be reduced and we'd fund another automobile together in a lower rate of interest. They declined. The automobile is most likely worth $1500.00, why might I proceed to pay for them another $8000.00 for this car. Any suggestions about just how to cope with this before I proceed and record bankruptcy could be appreciated.
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