07-16-2009, 04:39 AM
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Fuck Checks, CASH only!
Join Date: May 2002
Location: New York City
Posts: 19,422
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they dont owe you anything, they where nice enough to lend you money, the problem is the gov. has now trained people to think the the banks are the bad people and they owe everyone something.
fact is the right way to deal with the housing crisis was to tell people that if you cant pay you lose your home, why? because tons of people have stopped paying (even those who can afford it) because they know the banks now might change loan terms etc.
They are a business you agreed to terms yes its fucked cars dropped in price and not just your car but that does not mean they should allow anyone to dictate what they have to do for you to continue making payments.
If you care about your credit try to unload the car take the hit and move on, or continue using it a bit more or something, cars will drop in value and its one of those things you have to just come to terms with yourself on how much youd like to lose a month on a car.
If they pick it up forget the word car loan or lease for a long time unless you want to get raped with some rates etc. In addition they will run after you for the remainder of the money - what they got for it.
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