Tim
Rockford,#2Consumer Suggestion
Thu, November 13, 2003
I know it's tough.. I'm sure this isn't what you're going to want to hear, but maybe you could get yourself ahead one payment. That way, you've got a "grace period" that you've built for yourself, and as long as the next payment is there before it's due, there's no pressure from the finance company. Now you're in control. I'll admit that it is tough sometimes to make that extra payment - whether you pay weekly, bi weekly or monthly, but it's the easiest solution to your problem. I can't speak for this company specifically, but I helped found a finance company like the one you are dealing with, and the actions you've described are pretty much the industry norm. Keep in mind, when a vehicle gets repossessed, the company no longer has that stream of revenue. They would rather keep you on the books, even thought you pay a little late than take your car. Even so, the way to avoid their collection pressure is to get ahead by one payment. Hope it helps.