We have an auto loan that was charged off on 12/15. I told them that my husband had just started a new job, and a very good one at that, and would be able to catch the loan up to current status on the 18th, but they would not put a hold on the charge off. I now have the money to pay, but they won't accept anything less than the full amount of the loan. We are still in possession of the car, and are really not willing to give it up. I've told them that we will pay off the loan in full this year, a full 4 years early, if they would just allow us to make payments again. Still no go. I'll be able to save up enough to pay the loan in full in about 4 months or so, but do you think I can hold off a judgment, or whatever they might do, in this time? Is there any way I can force/sweet talk them into taking payments again?
Any help/thoughts is greatly appreciated!
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