MIAMI, FLORIDA -- Do to problems with my job. I fell behind about 2 months on a loan for my 2007 Camry. I was planning to pay and had called Wachovia Dealer Services to inform them. The next day my car gets repossessed from my driveway. (2 MONTHS BEHIND!). To get my car back they demanded $3,000 up front! Aside from paying 19% interest. I was unable to pay the 3k at the time. They auctioned the car and claimed I owed (May 2008)about $5,000. This week they send me a letter saying I owe them near $8,000 and If I don't respond within 15 days they will sue me or send me to a collection agency. Aside from my credit being ruined from this company, they tell me that they have reviewed my financial situation and have determined I can pay off the balance. (WHAT FINANCIAL SITUATION?, I DON'T OWN ANY PROPERTY/ASSETS). OUR TAX MONEY IS GOING TO BAIL OUT BANKS WHO REPO OUR CARS AND FORECLOSE OUR HOMES?? WITH NO INTENTION TO WORK WITH THE CONSUMERS?
DO NOT TAKE OUT A LOAN WITH WACHOVIA THEIR PHONE SUPPORT SUCKS, AND THEY REPO YOUR CAR IF YOU ARE 2 MONTHS BEHIND!!!!!!!!