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PapaG

Chrysler Capital

12 posts in this topic

I just deleted the post. But I will ask the question with out going into details....

 Someone is behind on the payments on our 2014 Journey. Looks like a payment was not made on 8/18/16. I don't think she will be able to make the payments. The car is in my name, but the note is in both our names... A car worth now $10,000 that we still owe $23k on it. I guess it has at least 65k miles on it or more. IT is the 4 cyl model.

I still pay insurance on it, so I wont get hung out to dry if she wrecks it

 

Will Chrysler Capital refinance the car in my name only if I take possession of it? Just let them repo it and take the hit on my credit.

This is Just a financial question, not a emotional one. 

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I'm sure they would if you reached out to them. Or any number of other financial institutions. Explain the situation otherwise your credit will take a hit. 

Edited by jkeaton

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I second that advice - if you contact the finance company they may be amenable to an arrangement - if they come in and repo you can be certain your various insurance and credit instruments will be negatively affected (and your insurance and any interest rates go up).

Edited by bramfrank

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I agree with jkeaton and bramfrank. I would think they would rather continue getting regular payments than repossess a vehicle with depreciated value.

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Jeze I hate the fact I can't see what others post in a thread. This new software sucks. 

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I don't understand. I see everything.

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What Bramfrank said^^.

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9 hours ago, bramfrank said:

I don't understand. I see everything.

 

On mobile.

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Laptop , desktop ,Samsung tablet and my Moto G!

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Admin says there is a bug and he is taking the site down tonight to reload.

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OK I hate to take a hit  on my credit. BUT she is only one month behind.  Should I wait to see if she can catch up... Our daughter could help if she would ask..

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That's totally up to you and your finance company as to whether or not she can stay a month behind. 

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