Jason
Simpsonville,#2Consumer Comment
Thu, August 18, 2005
I don't know your situation, but it sounds like you took one of those "Money for your car title" things... I don't know how they work, other than your car is the collateral for the loan, and if you stop paying, they take your car. You say "if you miss one payment", so I assume you did just that. There are penalties for that. You agreed to pay the money back in a certain way, if you don't there's penalties. Yes, these big companies COULD let it slide, but why should they do that just for YOU? If they do it for everyone, then everyone would miss payments. How would you like it if your employer decided that he needed to miss paying you for the month? Don't worry though, he promises that he'll catch up next month.