I had a car loan when I was active duty and then after I got out, all my plans fell through, lost my job etc and I ended up behind on payments and car got repoed.
Fast forward a bit and I eventually got a decent job and when the debt got bought out by a creditor, I set up at payment plan with a reduced balance that would be finished by the end of the year.
Fast forward again, I’m back active duty and I get a call from the originating company, that got notice I was back in the military and the loan has since returned to them with a much higher balance, and monthly payment.
Is there a way I can fix / fight this? I am trying so hard to pay off my debt and put this all behind me but i feel like I’m drowing.
LONG STORY SHORT:
Left Active Duty
Car got repoed
Creditor bought loan
Set up plan with creditor
Original bank has regained control of loan due to being back on active duty
Balance is way bigger than agreed.
Wtf do I do
Posted by LyteSk8ter