My car was repo'd after being 7days late.Is this legal?This is my 3rd loan with c.u. all paid perfect.?
965215
this is not legal,you can sue that bank if its how you said it is ,that it not the correct procedure in their terms and conditions,\nyou have rights too!!!
526986
How soon will it be cahrged off? Your credit is already affected so it won't hurt it any more if your credit is bad already. Secondly, make CERTAIN it's your bill and call the company to ask for verifacation that this is a legit bill. Even if you know it is. Why? Because most companies don't really keep good records for the long haul and they maybe can't produce your bill. Thus, you're off the hook.\n\nThen again, BEFORE you make arraingements understand that once you inquire on the bill that you're opening up the credit hounds to pursue you until payment is recieved. \n\nI appluaude you for wanting to clean it up. Just understand what it is, how much to pay it off in a lump payment and don't over commit to something you can't afford as far as payments.
623221
I was "approved" for a small business loan, and they sent me a contract.  I read the contract and was ready to sign, but I needed $700 up front.  I did some research online and found someone else that had the same situation, and they wanted more after she paid the $700.  I decided this was a BAD idea!  You can find that report at http://www.badbusinessbureau.com/reports/ripoff192497.htm\ngood luck
272987
What specifically are you looking for?\n\nAs long as the creditor went to court and got a writ to repo your car, there isn't much more you can do.
416418
Its up to your dealer. If you bought a new car its now a used one and you will not recover your money.
856619
Contact the business which loaned you money for the car.  What probably happened is:  you turned the car in to them....they sold it....the amount of the sale did not cover your loan amount... you now owe the difference (called a deficiency balance).\n\nMake arrangements to pay it... and any other debts that you've decided not to pay.  Grow up....fix your own credit.... you and you alone are responsible for it.  You can pay a company to "fix" it for you, but it won't be fixed and you will then owe THEM money.\n\nIf you've been turned down for a loan, go back to that loan officer and ask her how you can become more eligible for a loan.  Follow her advice exactly.
915959
I'm with fr_chuck, you can save the money (do not pay), and let it hurt your credit a bit. Otherwise you pay the price for a good credit rating and she keeps the car as a bonus. I am so sorry there are such users, liars and cheats in the world.
212712
Why do I feel you are leaving out some important details here?  What's going on?\n\nThe dealer has the right to get a credit report on you if you have applied for credit with him.  Did you have a business transaction with this dealer (signed or otherwise)?  If so, you don't have a leg to stand on.\n\nIf no, then he is in violation of the Fair Credit Reporting Act.  See the link below for the entire text and see what the law says.\n\n\nIf you did have a business relationship with him, I don't see anywhere in the law that prohibits him from getting it 8 times.  He has to pay for each credit report, so if he wants to do that over and over that's his privilage.  You can contact the credit reporting agency and explain the situation.  They may remove some of the disclosure reports.  Be prepared to give them a good explanation.\n\nNow, if you were not applying for a loan, and he did do all of this, you can sue him for any damages that happened as a result.  Were you denied credit because of your now lower score?  Was the interest rate higher because of it?  Were you denied employment?  How were you damaged.  \n\nYou can't sue him just because your score went down.  You can report him to the credit bureaus, and they can deny his access to future credit reports.\n\nOn a happy note....if you can prove that he willfully requested credit reports, and you did not have a credit application or business relationship with him, he can be sued for $2500 for each violation. \n\nYour next step is to contact the credit agencies. Good luck
525768
If you are both on the title and the vehicle is being paid for he can't repo your car.  If the payments are behind on the car and he is a co-signer he can have the car sequestered from you.  More importantly, if you are behind on payments and the finance company is after it, you'd better give it up.  Its called a Writ of Sequestration, a constable comes and gets it and if you don't turn it over you get to go tell a judge why your not giving it up.
935197
You really can't. If you give the car back, it will be a voluntary repossession on your credit, which is about as bad a regular repo. It will stay on your credit for seven years.\n\nWhy don't you refinance it and get a lower monthly payment? You can do a online search for auto refinance. There are a good many companies that will refinance a newer model car.
1149969
Since you have a computer go to your banks online service bring up the payments. Call the Loan Company while online discuss it with the manager in charge. Explain to them the problem you are haveing. A Friend of mine just went through this an she claim bankruptcy just prior to this but kept the car and payment. But what had happened is the payments go to a lock box and sit there and when they finally put it in they credited the wrong account. They were showing her two months behind an her payment were there on the first of every month. Plus get there building address not a po box and send the payments to that addrress.
541487
Suggestion: Go to 'rent to own' places and ask them if they will report your timely payments to the credit bureaus for you. Most of them will be happy to say yes, if you buy something of course. Get something small and simple and make the payments on it. Try to get 90 days, same as cash and knock it out before the 90 days are up. They report your good work and you can start rebuilding your credit. The bad stuff will still stick around for 7 years, but your efforts will help you in getting loans if you need them. Good luck to you!
276384
Payment on what? Your question needs details.\n\nAre you refering to a mortgage payment or a car payment? Perhaps if the payment is late, it is a breach of contract so they can refuse and force the articles of the contract.
60253
As a customer service rep, I am sorry to hear about your frustration regarding your student loans.  Since I am not at work right now, I can speak my mind and give my personal opinion.  You may want to become acquainted with the Better Business Bureau if you have not thought about that before.  Allow me to introduce you (see links below).  You may want to consider filing a complaint with the Better Business Bureau.  You would have to explain the details in detail (literally), but you would get your problem resolved promptly.  If you have the proof (receipts, invoices, etc.) to show that the bank completed a double transaction, they will request that for resolution purposes.  If the bank is doing this to you, it's highly likely that there are other customers that have experienced similar frustrations.  Sure, there are periods of time when companies get busy and you may not get the immediate answer that you want, but reasonably, something should have happened within two weeks or so.  You had stated that your loan payment was in October.  This is now January...they should be getting a move-on AND I don't blame you for wanting to take your business elsewhere.  Try one of the links below for additional contact information.
319385
Yes it is legal.  What typically happens is that you are still on the books for the full purchase of the loan.  If they repo the car, they auction it off and then try to collect on the difference.  The only recourse that you might have is if the auction price was considerably less than the fair market value.  You might be able to do something there.  Other wise, sorry to say..You are stuck.
737457
First of all WOW you got guts...second, if you get her to sign the car loan you got pro and cons....\n\nPROS... you will have the car and they cannot repo a car they cannot find.  Plus, if you don't ANY payment with a check or any tracking information they cannot use this against you.  DO NOT FORWARD your mail with the post office....change your State DL on-line to a PO box...not in your town but in a town you will drive through weekly\n\nCons...she can get a private eye to find your azz (I know I would) but if continue to use pay as you go cell and don't use a bank account and apply for nothing and you can DEEP DL.\n\nYou will get major bad karma for doing this but it can work.
192403
My ex-husband's car was repossesed. Then when he didn't pay off the balance due, they tried to come after me because my name was on the original loan. What a mess. No bankruptcy for me, but I know people in both Florida and California that have worked after filing bankruptcy.