Jim
Orlando,#2Consumer Comment
Sat, September 11, 2010
When the vehicle is repo'ed you are STILL on the hook for the contracted amount. There's nothing illegal, unethical or sinful about that. Standard procedure.
But questions remain. You were subprime going into this. You said you were into this for six months and you "just had a baby" Why are you spending 18k for a car to start with?
"I just let them take the truck...". Do you ever plan on becoming a PRIME credit risk or do you plan on being a subprime person forever, with a continuing history of not paying your bills on time and having a track record of repo actions???