Complaint Review: Security National Automotive Acceptance Corporation

My husband went into the military right after high school. He did not have a car and needed one. So he went to a (small) used car lot called DriveUSA located right outside of Ft. Campbell, KY. My husband found a 2000 Oldsmobile Aurora and bought it for over $17,000. This dealer only used Security National for financing and so it began... We later found out that the car is worth NO MORE than $10,000 in excellent condition! This happened June of 2006. Our payments are close to $500/month. I guess the main thing that I think is outrageous is, WHO would finance a 20 year old, with bad credit, who is in the military, fighting for our freedom, with $17,000 for something worth $7,000 less?!!

We are 20 and 21 with a toddler and living paycheck to paycheck! My husband is over seas now, in Iraq, and I am here in the US fighting with collectors and balancing our finances so we have a little extra money in case of emercencies. It is very difficult and it will probably be years before we get out from under this stupid car. If anyone can help, please let me know! I don't have the money to hire a lawyer (obviously) so, anything would be a HUGE help and greatly appreciated!!!

Krista
Union, Missouri
U.S.A.