My question involves an auto loan or repossession in the State of: Washington
I lost my job in August and got 1.5 payments behind on my car payment. Well this morning I get a knock on the door at 7:30 am and see my car is on a tow truck. The repo man was fairly decent to us and let us clean out the car which I have heard some of them do not to. The lender was pretty rude claiming I'd been sent multiple letters. Only thing I had received from them was more payment coupons. So the car was taken. The lender called me back and said we could get the car back by paying the 1.5 payments we are behind on, the payment due on Friday and the repo fees which is 1022 dollars total for all of that plus any storage fees. My husband and I are borrowing money from his mother to help get the car back. I am starting training for a call center job in two weeks so we will be in a much better spot financially soon.
Now my concern here is that I keep reading online that other people have been told they have to pay the entire loan amount off to get the car back so I am worried they will change their minds when we go in to pay the missed payments and repo fees.
Also I know my credit will be hurt by the repo but if we get the car back will it hurt us as badly as letting them auction it?