Nikki
Coconut Creek,#2Consumer Suggestion
Mon, December 10, 2007
If you have had many late payments, you will still owe much money at the end of your loan for the late interest you incurred due to the late payments. The $1810 at the end of your loan was really due in a single payment at the end of the loan. They did not extend the term (months) of your loan to pay this. So, since you paid $378 for 4 months towards that, they may not have posted those payments to your account because they were only partial payments. They may have put those payments into a suspense account instead, as many loan companies do with partial payments. You need to find out if they posted those payments (it doesn't sound like they did). Those payments plus the $915 you paid should make you pretty close to paying in full. You never said how much they still say you owe. Have them locate those payments immediately, before they come take your car away.