Why am I so mad when, I know I have to give my car back?

I would call the people you owe cash to. Tell them that they wait or you don’t start caring about your credit and will never pay them. It works surprisingly well.

Fact from fiction, truth from diction. Have you tried to go to your creditors and explained the situation to see if you can get reduced payments or a deferment? It might be worth a shot. What makes anyone so pissed in a situation like this is frustration, the situation is out of your control and you have no easy way to handle it. Then there is the sense that you are losing ground when it was not your fault and you can’t stop it.

@johnpowell Well I’m not late or in any debt now….You think the car place would let me off the hook for 4–6 weeks which at that point I’d owe 300 or 450 dollars in payments, depending on how early I get back to work.

@Hypocrisy_Central Never thought of it, and I don’t know much about it. What exactly is a deferment?

They’re both worth a shot ain’t got much to lose at this point anyways….

Seriously, people want to be talked to. Just let them know you want to pay your bill but your having problems. 90% of the time they will work with you and waive late payment fees too.

Yes, definitely talk to them about what’s going on. Also, with the surgery, check with work and see if you will be covered by short term disability. Some employers will cover you through that and you may get 60% of your income while you’re off.

It used to be fairly common that, if you had a good and reliable payment history, you could call the company with your car loan and ask to skip a month. Particularly with your situation, as indicated above, there may be a willingness to work with you if they know what is going on. It just extends your loan by an extra month, but often you don’t owe two payments at once after the skipped month.

@Steve_A There used to be a two month extension with most installment loans so you could skip 2 payments. It gets tacked on to the end of the loan, so the interest still accrues, but it doesn’t show up as delinquent on your credit report. Contact your lender.

I agree with everyone else, contact your lenders. I understand that you aren’t behind yet and that is the time to call. If you wait until you are behind, they are not going to trust you as much. Call ahead of time and be up front and honest about the situation. If you turn your car back in, they don’t get their money. Most of the time, lenders want to work something out so they can get their money.

@Steve_A Perhaps you can look into refinancing the car loan to a longer term to reduce the payment amount. Also check with your bank, or credit union if you have one where you have more choices for loan terms and maybe in a lower finance charge. Just a thought!

Is there any chance of your employer giving you a cash advance? If they know that without a car you would have more trouble getting to work on time etc., maybe they will help you out to protect your productivity.

All may not be lost with your vehicle, if you talk to the owners of your car. you might be pleasantly surprised at how understanding some people can be. explain your situation and see what happens. let us know.

I have good news! I talked to the people down at the dealership and they have 2 grace payments(which is added to my total later on) which covers me for a month so I should be set. I made my payment for these 2 weeks since my surgery is on the 15th of September , so there will only be 4 day difference when I get back to work , making it easy to get back on track.

Thanks again jellies!

@Steve_A I’m glad you were able to work it out with them. I hope your surgery goes well.

@Seaofclouds Thank you I appreciate it :)

Yahoo….......sometimes the Lord offers you good friends to suggest a remedy for a great ending. way to go.