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Hi guys
I have had a car with moneybarn for 4 years and always paid on time ect, i changed over my bank a few months back and my payments got messed ul and admittedly i didnt know how to handle everything coming at me after missing 3 car payments i was burying my head in the sand with stress and anxiety, i did however pay this months im about £700 behind. I only have £3600 left to pay on my car, ive paid over £12000! The car is only worth about 3k max now.
Moneybarn have sent me a letter of termination and say they are coming to get the car which of course i dont want to happen as i need it for work ect.
What can i do to challenge this, i have had no court letters or anything yet. Please advise guys.
Thanks
I have had a car with moneybarn for 4 years and always paid on time ect, i changed over my bank a few months back and my payments got messed ul and admittedly i didnt know how to handle everything coming at me after missing 3 car payments i was burying my head in the sand with stress and anxiety, i did however pay this months im about £700 behind. I only have £3600 left to pay on my car, ive paid over £12000! The car is only worth about 3k max now.
Moneybarn have sent me a letter of termination and say they are coming to get the car which of course i dont want to happen as i need it for work ect.
What can i do to challenge this, i have had no court letters or anything yet. Please advise guys.
Thanks
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