GMAC Auto Loan Informative - Can They Get Any Greedier?
A lot of us may be in the position of facing repossession of our vehicles due to the stress of the economy, and no one is immune it seems. It happened to me last week. Sure, I have gotten numerous letters and many phone calls. I have even returned the calls and have brought my balance current too many times to count.
My account history has never been good with GMAC, but isn't that why they were charging me 12% interest on my 6 year loan. So... why after 5 years and only a few payments left do they decide to take back my work van. My only guess is more money.
I do know business is business, and I was at their mercy knowing I couldn't run a business without a work vehicle. Was I wrong in thinking that because us American taxpayers just helped out the banking and auto industry that they would in turn give us more of a chance to recover too.
My question was answered when the tow truck driver who was repossessing my truck ran over my dog trying to get out of my driveway. It was my fault I was told by the collections department when I called the following day. My dog is o. k. by the way. I found her under the porch the next day, a bit shaken up with a few bumps and bruises.
I can't blame GMAC for running over my dog or even wanting what they think was their property back. I think they were very kind in waiting till the day after Christmas to order the repossession. They have gotten most of their money and are now what I am thinking trying to take advantage of the opportunity to get more.
I removed my personal property and tools from the impound lot and will continue to struggle like most working Americans to keep this country strong. My only focus now is to support my family through these hard times.
What I want to know is your thoughts with the possible answer to my sarcastic title, and for others to know: even as some or most of us may be facing harder times. Some people will care about us. Some will help us and others just want in our pockets.
Separate these kind of scavengers and vultures with the people that are good. ...Even vermin need to eat. Let them live in their world of greed and wealth while they suffer from their desire to only want what they have too much of to begin with.
The laugh is on them, don't you think? Why do you think they are hiding from us? Behind the gates of their homes, and all of the locked doors they sit behind. The unobtainable email addresses and the automated phone systems are their only protection.
The Rights of honest, hard working Americans are being taken away, slowly but surely by politicians, banks and corporate America. Our voices are the only thing left. Don't avoid your creditors. Let them take your things if that's what they really want. Tell them what you think, if that's all you have left.
Can Anybody Lend Me A Van?