SAN JOSE, CALIFORNIA,
I have an auto loan, with wells fargo auto finance and the loan maturity date was 11/2007. But
At the end of my payments they say I still owe them $ 2,400.
My contract states 59 payments 8/2002-7/2007 @ 434.87 = 26092. 17536 on loan
And 8556 on interest
after receiving a payment history. And totaling all payments I
Paid and what payment went to. IE Principal, interest, and late
Fees. The total amounts I have paid throughout the loan is $30,365
17970 on Principal, and 11479 on interest plus 916 in late fees
Through duration of loan. According to their statement they sent me 3/11/2008
Leaving an excess of payment of 3,357 to wells Fargo.
And they still say I owe them 2,400
I HAD 4 PAYMENTS I WAS LATE ON DURING COURSE OF 59 MO LOAN THAT WERE EXTENDED SO I WASNT LATE ON THEM TO THE END OF THE LOAN.
ORIGINAL LOAN MATURITY DATE WAS 7/2007 WITH EXTENSIONS IT WAS CHANGED TO 11/2007
I HAVE MADE ALL THE PAYMENTS TO 11/2007 WITH A PAYMENT IN 12/2007 AND 1/2008.
CUST SVC AGENT SAYS WITH THOSE 4 EXTENSIONS I NOW HAVE 63 PAYMENTS TO MAKE NOT 59. (????? THESE ARE ADDITIONS/ ADDITIONAL PAYMENTS ADDED NOT DEFFERED PAYMENTS/ EXTENSIONS)
I OWE THEM 4 MORE PAYMENTS @ 434 PER MO = 1736
NOT THE 2400 THEY SAY I STILL OWE THEM. REGARDLESS, BOTH ARE INCORRECT. AS STATED BEFORE, PRICIPAL/INTEREST/ LATE FEES ADDED UP PAID IN FULL THROUGH 8/2002-1/2008 = $ 30,365.
WHEN COMPARED TO CONTRACT OF 26092 + LATE FEES OF 916 = $ 27,008
I HAVE OVERPAID $3,357.
AND THEY STILL SAY I OWE THEM $2,400.
WITH NO DOCUMENTED PROOF OF ANY CHARGES WHATSOEVER TO SUPPORT THERE CLAIM OF MONEY OWED
THANK YOU FOR YER HELP AND REPLIES,