Car Finance

Our Car was paid in full June to Car Finance everything was paid in full Car Finance needs to update my credit report to reflect account paid in full instead of showing a balance correct the credit report to reflect paid in full to all three credit reporting agencies

I am financing this car at a high interest rateI've made consecutive payments over months and have paid more than what the car is worth
I am financing a Mazda through car finance at an interest rate of 14.93%I have made consecutive payments of $for over months nowPrior to my car being refinanced in October it was financed through capital one for $monthlyThis was for a total of months equaling roughly $From October to April is months which means paymentspayments of $totals $$is the total amount paid altogether over the course of these monthsThis is more than the car was worth at the time of purchase from Crown Dodge in Fayetteville NC in April This is more than what the car is worth nowAt an appraisal of roughly $7000, I've paid more than what my purchase is worth and have a remaining balance of $left with Car FinanceTo resolve this matter, I am asking that Car Finance rig

Reference: Car Finance response to *** *** complaint Car Finance is demanding the balance-in-full plus any repossession and storage fees for the following reasons:The account is delinquent payments and the customer made no attempt to resolve the indebtedness prior to repossession.The
lienholder, Car Finance, has had no proof of insurance since August 25th, Per the customer's carrier, *** *** *** the policy was cancelled on August 25th, which also voids the *** Insurance.The customer moved out-of-state without informing Car Finance of the new temporary or permanent residence.Car Finance considers itself fortunate to have located the vehicle and taken possessionThe customer does have the option to redeem the vehicle by November 28th, However all that is owed plus fees must be paid with certified funds

Complaint: ***
I am rejecting this response because: they made No attempt to figure out the issueI didn't get a notice of repossessionI had noChoice but to get a new phone with a new numberI am willing to pay off the late payments amd the repossession cost as well as the insuranceAll I ask is one chance to make this right because I had too many personal things transpire effecting me by making the paymentsThey had a GPS tracker on my car so it wasn't fortunate they located it they knew were the car was the entire timeI am abke to get the car refinanced through a bank here in *** but they cant process the loan until I get my second check stub from my new job. days after the are selling it privatelyI am asking for a few extra days in order for me to secure the loan before they proceed with thePrivate sale
Sincerely,
*** ***

It is understood that the Car Finance response was rejected. This was anticipated based on the initial complaint. The balance-in-full plus repossession fee must be paid with certified funds directly to Car Finance.   Clarification of a few issues:As required by law, the notice of sale and repossession was sent certified mail on 11/17/2017 to the current [redacted] address.Car Finance, finances vehicles, this entity does not sell vehicles. Car Finance does not attach any device of any nature, including GPS devices to any of the vehicles we finance. This company does not utilize any GPS service for such devices since it is cost prohibitive.If there is no redemption of a vehicle, the vehicle will be sold in accordance with the law.The customer has requested a few extra days to process a potential loan which will enable the customer to pay the indebtedness in full. Granted, the customer will have until 5pm, Friday, December 8th, 2017, to provide certified funds for the balance of $11,082.77  plus the repossession fee of $435.00  for a total of $11517.77. Once the payoff plus repossession fee is received the repossession agent will be informed to release the vehicle.  At that point the customer can contact the repossession agent and arrange to retrieve their vehicle. However there may be storage fees owed to the repossession agent (separate entity) and the customer will have to pay those fees directly to that agent prior to release.

The consumer, Mrs. [redacted] has provided the Revdex.com with incorrect creditor information. This consumer is not one of our customers.Our contact # is ###-###-#### and our physical address is [redacted].Prior to filing a Revdex.com complaint I would...

suggest that the consumer, Mrs. Hicks, review her contract for the correct creditor information.