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Need help paying car note.

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i CANNOT PAY MY CAR NOTE DUE TO AN ECONOMIC HARDSHIP. 9 MONTHS AGO MY CHILD HAD A STROKE, i GOT 2 PAYMENTS DEFERRED. NOW BECAUSE OF THE RECESSION, I AM HAVE BEEN LAID OFF. LAST MONTH I ASKED FOR ANOTHER DEFERMENT, THEY WOULD NOT GIVE IT TO ME. I STRUGGLED AND BPRROWED TO PAY THE NOTE. THIS MOTH A JUST CANNOT. WHAT CAN I SAY TO THE FINANCIAL INSTITUTION TO MAKE THEM UNDERSTAND AND DEFER THIS PAYMENT?




Carol79
Posts: 99
Credits: 928

Sub: #1 Car note is considered a secured debt and you may lose your car
Fri, 06/12/2009 - 02:58

Car note is considered a secured debt and you may lose your car to repossession if you cannot make the payments on time. I think that you should explain your financial position to your creditor and try to make him agree for another deferment.




Unregistered

Sub: #2 brandon ray needs help
Fri, 07/17/2009 - 01:09

its been hard because i am only 18, I just purchased a car, and my car not is way to high. I just lost my job due to the decision of the company i worked for. I never had a chance to pay my car not ,and my bill is stacking up the sky. EMAIL REMOVED




SOAPLADY


Debt Samaritan
Posts: 17191
Credits: 474465.88869987

Sub: #3 Guest....You either have to get a job really quickly or return t
Fri, 07/17/2009 - 05:50

Guest....You either have to get a job really quickly or return the car or it will be repossed. Did you finish high school?




Unregistered

Sub: #4 [COLOR=black]I am working with my creditor to let them know abou
Wed, 08/18/2010 - 12:24

[COLOR=black]I am working with my creditor to let them know about my hard times luckily they are working with me. Letting me pay them what and when I can long as I update them with my finance problems. They are willing to give me two or three easy payments so I can get caught up on them. Long as you make your payment when you say you are everything will be fine or call them way before you’re due to let them know what’s wrong. I will be making my first payment on 27 of this month, if you don't have a job I would say give the car back request for a refund of your money that you put out. [/COLOR]




OhioGal1


Debt Samaritan
Posts: 5256
Credits: 83046.796477606

Sub: #5 Sun, this post is from over a year ago.
Wed, 08/18/2010 - 12:30

Sun, this post is from over a year ago.




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