My question involves a consumer law issue in the State of: California
I am at end of a auto loan, due to money issues here and there the finance company offered to put a couple of payments at the end of the loan. According to my calculations my payments would be done in March. I went online to make a payment and I was unable to make a payment. I called the finance company and was told I was 100 days behind and I would have to pay the remaining amount in full. I paid my last payment I December,and yes I was late for the Jan payment but not a 100 days. I'm told that my account is reflecting that is because my loan matured. This may be a dumb question but do I have any recourse? Not once was it explained to me that I would have to pay a lump sum at the end of the loan(I'm sure it was in the contract). I have decent credit and have been working on improving my score. I have not received any late notices. I'm sure that my credit is affected. I want to pay it off but I can't afford to pay in full do you know if the finance company can/will work with me?