I have had a car/loan through JD Byrider/CNAC for 18 months. 6 months ago I missed one payment and then missed another one 2 months later. Since then and in between those times I have made every payment on time. They call me morning, noon, and night (12 calls in one day) trying to collect my 2 deliquent payments which is really 1 monthly payment. This week I checked my bank account online and saw that CNAC went in and took out a payment without my permission. I called them immediately and spoke with the manager. He said that I must have given them my account information because it was impossible for them to get the account information otherwise. After a few minutes of discussion, he said he would check the tape (apparently conversations are recorded) and he would get back to me. He called back 15 minutes later and said that he couldn't find the "tape" that had our conversation and that he would reimburse me. However, if he reimbursed me that would mean I am still behind 2 payments and they would reposess my car. I have tried to trade in this car and found out through a dealership that the miles were moved back. I owe $3,000 more than the car is worth. Does anyone know what will happen if I let them reposess it?
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