R
rhively58
Guest
- Jurisdiction
- Arizona
I purchased a truck about 7 years ago and paid $7500 for it. Never had a problem with making payments and did pay it off. It started having mechanical problems and I needed $5000 to fix it. I took a loan for that amount at 33% interest due to my credit rating. Again after a while I needed another$1100 to fix the problem. I refinanced it again to get the problem fixed. Everything was great for a while and now faced with more work to be done in order to drive the vehicle. I owe a lot more than it's worth now. I'm on SSDI and can't afford this anymore. Been thinking about voluntary repo. Good or bad idea? I just can't make a $200 a month pymt for something that just sits there.