Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

OAITW r.2.0

(30,489 posts)
2. I just bought a truck coming off lease.
Mon Jan 24, 2022, 06:47 PM
Jan 2022

A Ram 1500, 4x4. It fit my budget and I am quite happy with it. Never heard from the loan underwriter - I bought it in November. Figured the payments would start in Dec. No info from the bank (email or paper) until I started asking questions earlier this month. All straightened out now, but the loan got reported to the credit bureau's for non-payment.

I think you had the right solution - refinance immediately to get a better interest payment. It is a pain, though, to have to go back and deal with the situation.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Culture Forums»Automobile Enthusiasts»So, I took possession of ...»Reply #2