repo
08-31-2003
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repo
What's the furthest anyone has been on car payments,and what happened?And has anyone had a civic repoed?if so howmany payments where u behind,and how long did it take for them to let you know they were gonna repo it?please reply.
09-01-2003
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Yeah, why you want to know..?
They won't warn you the Repo man is coming...sorta defeats the purpose..lol.
I dunno, my old neighbor was about 5 months behind when they came for his Ford...lol.
Soon, the landlord came for his keys and I haven't seen him since...lol.
They won't warn you the Repo man is coming...sorta defeats the purpose..lol.
I dunno, my old neighbor was about 5 months behind when they came for his Ford...lol.
Soon, the landlord came for his keys and I haven't seen him since...lol.
09-01-2003
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Rep Power: 283 Indeed, Pharoh is right on with that suggestion.
Many times, assuming they KNOW you're having emplyment troubles, they'll allow you postpone a few payments (within reason) so they can keep you on the loan. . . . and in return, they retain the right to charge you interest for it.
Sure, you end up paying a few more months worth of interest, but it'll save your car, and more importantly. . . . YOUR CREDIT.
I can't stress enough how shitty your credit could become if you let the loan lapse and allow the car to be taken. You DO NOT want that. One of my relatives did that. It's been 2 years, and he's having a difficult time building his credit scores back up. He's making good progress, but he could have avoided it. . . . and so can you.
Call your financial institution where the loan is being held and explain to them your circumstances. . . and better yet, ASK for terms. If they see you're more than willing to work at keeping the loan, they'll be much more likely and willing to work with you.
Good luck!
Many times, assuming they KNOW you're having emplyment troubles, they'll allow you postpone a few payments (within reason) so they can keep you on the loan. . . . and in return, they retain the right to charge you interest for it.
Sure, you end up paying a few more months worth of interest, but it'll save your car, and more importantly. . . . YOUR CREDIT.
I can't stress enough how shitty your credit could become if you let the loan lapse and allow the car to be taken. You DO NOT want that. One of my relatives did that. It's been 2 years, and he's having a difficult time building his credit scores back up. He's making good progress, but he could have avoided it. . . . and so can you.
Call your financial institution where the loan is being held and explain to them your circumstances. . . and better yet, ASK for terms. If they see you're more than willing to work at keeping the loan, they'll be much more likely and willing to work with you.
Good luck!
09-01-2003
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Rep Power: 0 talk with your bank like the others have said. good advice. see what can be worked ut and good luck with the employment front. work at micky d's if u have to. dont get picky
09-01-2003
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Rep Power: 283 Better call tomorrow.
The repo man may already have you on his list.
This how it works. The bank that owns the note decides how long to wait. If they hear nothing from you, or nothing of any sense, then they give the repo man a list.
The repo man looks over the list and starts finding cars. Then about 3 to 4 in the morning you go pick up the easy ones.
Once it goes to the repo man, the bank has to call to take it off the list. But once the repo man takes it, you already owe 400 dollars just for HIM.
So where do you live and what color is your car?
The repo man may already have you on his list.
This how it works. The bank that owns the note decides how long to wait. If they hear nothing from you, or nothing of any sense, then they give the repo man a list.
The repo man looks over the list and starts finding cars. Then about 3 to 4 in the morning you go pick up the easy ones.
Once it goes to the repo man, the bank has to call to take it off the list. But once the repo man takes it, you already owe 400 dollars just for HIM.
So where do you live and what color is your car?
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