Scott
Conway,#2Consumer Comment
Thu, February 24, 2005
Don't let these idiots scare you. They won't garnish your checks however they will ruin your credit. Even if you settle with them, they will still ruin your credit so you gain nothing. My advice to you is to do nothing and let them take the initial money they screwed you out of in the initial deal as payment in full. Somebody will always finance you a car, although it might be at a higher interest rate. You have to ask yourself will this settlement cost more than I might pay in higher interest rates? I would say the settlement will cost you more and your credit will still be screwed. So you will still have a higher interest rate.