How can you get out of the loan arrangement?
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trevar
Apprentice
Joined: 13 Aug 2005
Posts: 6
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 Posted: 01/20/08 - 10:00 Post subject: |
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| Hello, guys. Three years ago I bought a car. I took a loan to be able to buy it. Now, my car doesn’t work any more and I don’t know what to do with them. And I still owe the money to the bank. I would like to know whether it is possible to get out of the loan agreement. Thanks for your info. |
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jonah
Apprentice
Joined: 11 May 2005
Posts: 6
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| Posted: 02/19/08 - 00:02 Post subject: |
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| Hello, there. Your case is just one among many cases. Many people would like to get out of their loan agreements. You can try one thing. Stop paying your loan rates. They will come eventually to confiscate your car at auction. With that money, they will settle your debt. Though, I am not sure if they will be able to cover your whole debt. Perhaps you will still owe some money. But it will be smaller amount. Good luck with my plan. |
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