Car Repo Where Lender Won't Give An Account of Payments

My husband has had his car for almost 4 years and has always made his payments. In Nov-Dec 2005 he lost his job and was out of work for 1 month. He fell behind on payments, but after getting a new job got caught up on the payments. Only the company his loan is through continued to say that he was one month late. This started between Jan-Feb 2006. So he proceeded to call the comany and request a report of all the payments he had made from the date of purchase. He never receiecved one. So he called back about 2-4 weeks later and said he would not be making any payments until he recieved the report. Again nothing. So he made no payments since Feb. 2006. Sometime between August and September he got a letter from the company stating the car was in the repossesion process. Again he called and requested a report of payments made. It is now December 2006 he has had no further communication with the company.

It has been almost a year and we still have the car. How long does it take for one to reposses a car? What else can we do to figure out what went wrong? Before he got late on the payments he tried to talk with the credit company to get a report of his payments. We don't have and extra $11,000 to pay it off. What can someone do in this situation?

Thank you for you Help,

H.I.

Are you saying y'all have not made a payment for nearly a year and you still have the car?

What can you do? Call and see what it would take to catch up your account (if they would let you) or pay off the car, or wait to see if they repossess and/or sue you.

Yes we still have the car.

My aunt's care was repo's YEARS after the company said that they would take it. YEARS. It was over 2 years later, I think.

You are very lucky you still have the car. Call everyday if need be and be very persistent. You do not want your car taken. It can turn out to be the biggest nightmare of your life. I was 30 days late with Ford Motor Credit. On the 31st day I made an online payment including the late fee and they came that night (in the middle of the night) and took my car anyway. To make matters worse my car was vandalized while at the auto auction (even though Ford called them to let them know I was picking up the car) and no one would take responsibility, so after I got my car back I had a few 100 dollars in damages I had to pay for so the whole experience was more expensive then it needed to be.

The company that is doing this if Ameriacredit. Anyone heard anything about them before?

I think you mean americredit,not ameriacredit right?They are based in texas.I'm suprised u still have your vehicle after almost a year.Did u hide it or what.But i know americredit cause im dealing with them now,they want my vehicle.Im behind 3 payments due to cut hours at work.They had a repossesion agent call me and tell me they came by my house to pick up vehicle and i wasnt there,and to call them or americredit.I have had this car for 4 years paid over 18,000 dollars on it ,I have like about 7,000 left in basically interest.thee reposesser also said americredit has started the legal part of it and once its done my vehicle will be unregisterable,well i have it registered till 2008.i plan on paying them off in jan,when i spoke to them and told them this they said i had to pay at least back 2 payments ,pluss late fees which i believe is about 1300 dollars,which i wont have till next month,but she said now or we cant hold account..Note my loan was for only 18,500 i have already paid them about 18,400,the rest is in interest ,i cannot give up my car that easy to them ,i feel they are a ripp off,im also still waiting for my copy of loan payments.,im gonna report them to the bbb for being a predatory lender which they are.Very high rates,anyway im not going down with out a fight.but that still surprises me they are just coming after u almost a year later ,and im late by 3 months and they already starting with me.I dont understand that.

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Quoting blkjewell

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im gonna report them to the bbb for being a predatory lender which they are.Very high rates

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it is your own fault, the BBB will do little for you. you agreed to the loan and the interest or you would not have signed the contract. predatory lending laws rarely deal with interest rates as low as you are talking about. most states only have predatory lending laws against interest that is over 300% APR (paycheck advance, titlepawn/re-lease agreements, etc.)

Wow its been almost a year since I posted last comment,and to the person that responded to my post back then.saying its my fault,you know everyone has hard times and i did an estimate not an actually amount cause i didnt have figures in front of me ,but i wanted to say all these sub prime lenders are very extreme with their rates ,and for the average joe such as myself we really dont understand all that legal mess,but trust me i have learned from it.To the person that responded I guess you never had hard times in your life or faced loosing anything so your comment can seem so cold. Life throws You alot of things and people have set backs doesnt mean they cant get back on track if givien that opportunity.Everyone is so into themselves and its such a me,me world,forget about what anyone else is going through.But to all others who have face similiar situations or going through it now,tak e it from someone who's been their I understand,and their are people out their who try to use your misfortune for their gain,so just stay positive,Give God the thanks and it will be okay.

so after i year of having ur car without payments, what happened? did they finaly repo ur car? were u charged any criminal charges, misdemeanor or felony? i live in california, and in the same exact situation. i have payed 70% of my car, and payed early all the time and payed more than what i usually owe them. so... i lost my job, back in late 2007, but was able to pay my car until like April 2008. i got in contact with the loan ppl on july 2008 and i gave them 2 payments for my car so they wont repo it. i sent it through mail. ever since then, they have beein trying to repo it, and also around that time, i have struggled to find a job. so when i found a job, i asked them if i can just start making payments again, double each month, and they wont let me make payments. not until i return my car first, then i can pay the car in full amounts first or whatever i owe first. but i couldnt return my car cuz i needed it to maintain my job. i needed a job to maintain paying rent or else ill be out in the streets. it has been 1 year that i am behind in payments, and i still have the car, however i have not had any contacts with them. its citifinancial auto. i payed off my first loan which was bank of america, and it transferred over to citifinancial auto- and im scared i might get arrested for it? what can i do to keep the car? i mean i payed 70% of the car already u kno? i dont just wana give that up. its not my fault i lost my job due to the greedy congress ppl thats playing with our economy, which went down the shit hole. now i have a job. but i cant come up with a large amount of money. my job is almost minimum wage and is not full time. whats my best best?