Complaint Review: Snap-On Credit - Nationwide

  Approximately a year ago I had purchased a Masters series snap on toolbox for just under 8000. The box is valued at $12,000 I have been paying off the balance for over a year now since that I had refinanced Once to clear the truck account as a means of having one payment rather than two. Since leaving the automotive field I have unfortunately fallen behind due to a layoff however I had been in contact with both the credit company and the truck since leaving the automotive field I have unfortunately fallen behind due to a layoff however I had been in contact with both the credit company and the tool truck. Everything started when I received a call from snap on credit about my account being on p everything started when I received a call from snap on credit about my account being passed due on payments which I was aware of and had spoken with them previously about and inform them that I had just gotten laid off at my job despite every attempt to reason with the company stating that I was doing everything I possibly could to find income to start paying back what I owed they constantly harassed me and called me every single day for at least two weeks. I had informed them yet again that I would call them when I had something to pay I took down all the necessary information I continue my job search. I then had decided to list the box on craigslist for just a few dollars more than I owed on the box. Again like clockwork that next-day I received yet another phone call I had inform them that I might need to give the box back if I could not find a way to pay for it or if I did not go back into the automotive field. I said that unless I can find some money for sell it for what I owed to pay off the box I might have to return it . The representative then stated to me that it was "unlawful" to sell a box that I was financing. Not for nothing but as a veteran of the military a United States citizen and a consumer I have every right to do as I please with my property. That is like saying if I financed a car for $10,000 and I owed 4000 and sold it title and all for4500 and paid the balance it's wrong. That makes absolutely no sense whatsoever because if I'm selling my property for the amount of money I owe the company for the item despite the fact that I'm selling it because I no longer need it the company will still be getting their money therefore makes no sense for them to tell me it's unlawful or wrong to do something I have every right to do . On another note it was not until I threatened the company with bankruptcy that the phone calls had to stop for approximately two weeks until they started back up again. And not for nothing but I will be honest here for a second and say that the bankruptcy threat wasn't nearly a threat It's actually the truth I am truly on the borderline of bankruptcy however I personally do not wish to file for bankruptcy I would much rather not ruin my credit that way I would rather recuperate by paying the debts rather than liquidating them because not every company I owe money is being as irate for a new route as the snap on credit company . I have spoken with many accountants and financial advisors over the past three months for this reason and none suggest bankruptcy in fact they all are against it because it is unnecessary for me to do so. Despite the fact that the gentleman who initially sold me the jewelbo despite the fact that the gentleman who initially sold me the toolbox is a good man I do not agree that I should have to own money on a toolbox that is worth more than I owe if I return it. The box still values at close to 8000 and I barely owe 6000. Please get back to me at your earliest convenience and let me know if there is anything else I must do. Thanks.