My question involves collection proceedings in the State of: South Carolina
Hi,
My wife and I borrowed money from One Main Financial about 3 months ago. We used our vehicle as collateral. We became 14 days late on the payment. I went in the office to tell them that I would pay within the next 2 weeks and they started shouting at me. They were saying things like, "you never intended on paying us, and, we see where you borrowed more money after us". About 3 days after that office visit, we received a letter of denial in the mail from the same company. They evidently tried to refinance the original loan. The letter has a loan reference # on it. They called my wife and ask about the payment today and my wife asked them who gave them the authorization to refinance the original loan. They told her that I had verbally agreed to it. I had not! Besides that, my wife is the primary borrower, shouldn’t she & I have had to sign some loan papers or something? We received a right to cure letter, (it was left on the porch by UPS), 2 days after the denial letter. It gives us 20 days to catch up the payments. This is my daughters last year in college. We have to pay $500.00 a month for 4 months, and thats just this semester. We were not anticipating this. Her student loans are maxed and we have to get through this last year to get her Bachlors degree. These people have been down right nasty to me. I dont want to go back in the office for fear of being screamed at. Last time, I told them that I was going to try and pay but, If I couldnt, I would surrender the car. I would bring it to them. I was informed by the manager at that time that, " we are not in the f%#$ing used car buisness". I am going to have to back in tomorrow. They are now calling my wife at work and harrassing her. What should I do? Did they have right to try and refinance our loan without our approval? Should I go in and ask to see the loan application with the reference# of the denial letter we recieved?.

