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  1. #1
    Join Date
    Feb 2008
    Location
    New England
    Posts
    2

    Unhappy Can't Afford To Pay Repo Car Loan Back

    About 4 years ago, my car got repo, my husband left me with nothing, just me & my children. I was unable to afford to pay the car loan.
    Ford credit said that i hade to pay $400.00 a month toward the car, I couldn't afford. Now it's in lawyers hands & they threaten me with jail time if I don't come to court, I've been to court many times explaining my financial situation, but they still send court notices to my house every 3 months to go to court to prove again that i can't repay the default. Even it I paid a $100.00 dollars a month it still will never make the loan go down because of the interest. My question is do they have a right to harass me like this & threaten me with jail if I don't come to court & if I did send them something anything can they still get a court order against me!
    I Live in southern RI.

  2. #2
    Join Date
    Apr 2007
    Location
    Il.(near StL,Mo.)
    Posts
    5,252

    Default Re: Can't Afford To Pay Repo Car Loan Back

    I see per your other post you asked if you might get a mortgage loan with the debt that you have. How can you pay on a mortgage loan if you cannot pay the car payments?

  3. #3
    Join Date
    Apr 2007
    Location
    Il.(near StL,Mo.)
    Posts
    5,252

    Default Re: Can't Afford To Pay Repo Car Loan Back


  4. #4
    Join Date
    Mar 2006
    Location
    I live here. Actually in a little area called the Knob. In Ohio
    Posts
    292

    Default Re: Can't Afford To Pay Repo Car Loan Back

    Quote Quoting Betty3
    View Post
    I see per your other post you asked if you might get a mortgage loan with the debt that you have. How can you pay on a mortgage loan if you cannot pay the car payments?
    Same way I do Betty. Cars a person can live without but you need the basics of food, shelter, and water. I pay for my home with a low paying job. My food i get with food stamps, heat and electric I get much of it gifted to me by the elctric company due to being low income. I divorced my husband and I now get medical from the Medicare and am working on getting SSDI in a few months. My house payment is current and I may have to bankrupt some things but I'm making it. Betty I know rich people like to judge the working poor and I, myself, will tell a morally corrupt person the facts, but poor folks do what they can just to have the basic necessities of life.

  5. #5
    Join Date
    Dec 2007
    Location
    Ohio
    Posts
    2,006

    Default Re: Can't Afford To Pay Repo Car Loan Back

    I don't think Betty did anything but give good advice. If you read the OP's other post (the one Betty listed above) the Op stated she got an inheritence and wants to by a house. Betty's point is VALID, how in the world if she can't make a car payment can she make a house payment? This has nothing to do with the amount of money she makes (her income), it has to do with how she manages her money.

  6. #6
    Join Date
    Jul 2006
    Posts
    5,437

    Default Re: Can't Afford To Pay Repo Car Loan Back

    Quote Quoting Betty3
    View Post
    I see per your other post you asked if you might get a mortgage loan with the debt that you have. How can you pay on a mortgage loan if you cannot pay the car payments?
    More evidence of predatory borrowing!

  7. #7
    Join Date
    Mar 2006
    Location
    I live here. Actually in a little area called the Knob. In Ohio
    Posts
    292

    Default Re: Can't Afford To Pay Repo Car Loan Back

    Quote Quoting gigirle
    View Post
    I don't think Betty did anything but give good advice. If you read the OP's other post (the one Betty listed above) the Op stated she got an inheritence and wants to by a house. Betty's point is VALID, how in the world if she can't make a car payment can she make a house payment? This has nothing to do with the amount of money she makes (her income), it has to do with how she manages her money.
    You're right it is about money management. Please pardon my response Betty and gigirle.

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