Forums
OK im new and looking for advice.....my first year out of high shool i had a 720 credit score...then i got stupid...i had a vehicle repoed...borrwed 1300 from wells fargo on like a credit card thing and never repaid them and i owe all tel like 400 dollars....I know i can pay all tel back..but the collection company for the credit card know says i owe like 3000 dollars. the company that financed my truck was called credit acceptance and they show that i owed 4600 when truck was reopoed.but have never attempted collection that i am aware of.....i havent used my credit in like 3 years..i need advice on fixing this mess.
Ok probably what happened with the truck when it was reopoed they sold it at an action and what they didn't get for it. You owe the rest. I believe your best bet would be to call all of the and try to work out a payment arrangement. Because you don't want them to sue you. If a judgment is awarded to them then they can garnish your wages,bank account ect. to get their money. So call and try and work something out with them.