What can I do about my auto contract being changed?

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ebuckhanon

Joined: 11 Apr 2007
ebuckhanon's page
Posts: 2

86 Magic Points

Subject: What can I do about my auto contract being changed?

Wed Apr 11, 2007 8:10 pm

Predatory auto lenders, My auto contract was changed without my consent and knowledge. I did'nt find out about it until Capital One called and
welcomed me to their family. I was then told they had bought my loan and my note was much more than I had signed for.

ebuckhanon

Joined: 11 Apr 2007
ebuckhanon's page
Posts: 2

86 Magic Points

Subject: I need help

Wed Apr 11, 2007 8:11 pm

My auto loan is much more than what I expected

stanley
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stanley

Joined: 23 Feb 2007
stanley's page
Posts: 54

3357 Magic Points

Mon Apr 16, 2007 11:20 am

How old the debt is? You must send them written request for validation. Also ask them how they calculated the interest on it. Debt buyers purchase debts for less than penny on dollars. You can negotiate with them for a lower amount. However, check SOL of your state first of all. Which state are you from?
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Stan
BTW, I am not a lawyer, I am here to share what Life has taught me.

Morningstar

Joined: 17 Apr 2007
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Posts: 582

11 Magic Points

Tue Apr 17, 2007 12:38 pm

Do you have a copy of the contract? I thought auto loans were basically fixed (as opposed to a credit card, where terms are a little different--open account vs. written contract).
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