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Wtf Repo Your Car? for missing ONE payment?!

#1 User is offline   mysticsprinkle 

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Post icon  Posted 19 December 2008 - 03:40 PM

Can they seriously do that?
It's ONE freaking payment! WTF.
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#2 User is offline   santarito 

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Posted 19 December 2008 - 04:46 PM

wow really>? does that mean you dont have to pay anymore?
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#3 User is offline   Clix 

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Posted 19 December 2008 - 06:29 PM

Repoing a car for one missed payment is a little too serious. If you've missed multiple payments in a row, it's understandable. But one is too much.
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#4 User is offline   Donnerschlag 

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Posted 19 December 2008 - 07:30 PM

That is kinda sad. I missed one payment on my car and they didnt do anything about it. They just made my next payment double so it wouldnt go on my credit.
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#5 User is offline   Mikey 

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Posted 19 December 2008 - 09:41 PM

why did you miss a payment?
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#6 User is offline   willyumyummy 

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Posted 19 December 2008 - 11:36 PM

one payment is kinda harsh...i've never heard of that before

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#7 User is offline   C8V6C 

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Posted 20 December 2008 - 10:17 AM

Most banks wait for 3 missed payments...

Did you default on the very first payment? Did you finance with a subprime lender? Usually, they are much more stict than a traditional lender like Bank of America for instance
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#8 User is offline   v8subie 

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Posted 20 December 2008 - 02:02 PM

As the economy is getting into crap shoot, yes the banks can do that. I hope you read the news of what they did to homeowners.
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#9 User is offline   mysticsprinkle 

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Posted 22 December 2008 - 01:57 PM

It's not my car. I don't even own one. -__-
My boyfriend's car got repo'd.
He's really taking a beat down financially.
He works with stocks.

Gosh I feel so horrible.

But I didn't know that they could do that.
And yes, I read about the homeowner stuff. It's so messed up.
I feel so bad for everyone.
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#10 User is offline   CatGoesMeow 

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Posted 23 December 2008 - 12:55 AM

QUOTE (mysticsprinkle @ Dec 22 2008, 03:57 PM) <{POST_SNAPBACK}>
It's not my car. I don't even own one. -__-
My boyfriend's car got repo'd.
He's really taking a beat down financially.
He works with stocks.

Gosh I feel so horrible.

But I didn't know that they could do that.
And yes, I read about the homeowner stuff. It's so messed up.
I feel so bad for everyone.


Are you sure hes not leaving out some detail? one missed payment seems kinda harsh and unheard of?
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#11 User is offline   TKY 

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Posted 29 December 2008 - 10:11 PM

QUOTE (CatGoesMeow @ Dec 23 2008, 03:55 AM) <{POST_SNAPBACK}>
Are you sure hes not leaving out some detail? one missed payment seems kinda harsh and unheard of?


I agree...isn't it usually 3 missed payments?
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#12 User is offline   Stiizy 

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Posted 30 December 2008 - 10:08 AM

QUOTE (TKY @ Dec 30 2008, 01:11 AM) <{POST_SNAPBACK}>
I agree...isn't it usually 3 missed payments?



Yeah it is three....

one is unheard of
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