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Welcome to BoR's Place!

I Jumped out, Head first, into the Industry Feb. 08.
I bought a Truck, Flatbed Trailer, An hit the Road.
It is super Tough! Dont let anyone kid you, But I (think) I can make this work. (another prayer of the many)
I do love the life, and I hope this is not one of the worlds shortest blogs due to (Failure on my part)

Please feel free to spout your suggestions, advice, and/or support!
Have a Great day!
Rate this Entry

BarnSwaggled!!!

Posted 10.06.2008 at 11.59 AM by bor
Ok I don't know if BarnSwaggled is a word... LOL
But I have to keep this Rated "G"
Things have been tough to say the least.
I bought the truck and trailer early this year, and "went for it!"
My timing was poor tho. (Fuel, economy, etc..)
There is money to be made, and I am not out of the running yet, but I have fallen behind on EVERYTHING. And I don't need to tell any of you how hard a road it is to get back above water.

But what the Lending company has done this past Friday, has "Complicated" everything.
When I talked to them last Monday, they said they would give me until the 10th of this month (which is 1 day after my normal pay period)
This was going to work out... Dangit!

But last Friday.... They withdrew $1087 !!!
and.. yes that threw me way into over-draft, and will cause a check that is out to go bad!!

I knew I should not have linked the Loan to my Account, but at the time, it was the only way to get the Truck and Trailer from the same place. (And I thought it would be better to have them from the same place.)
DOH!

NOW, I am considering bankruptcy.....
So I don't lose everything.

I don't know what "posting" about this will accomplish, but if ANYONE is considering buying a truck or trailer.... Learn from BoR's very poor judgment, and a very hard lesson.....
Do not give a loan company ANY access to your Account as part of the "Deal".

Once I have moved past this current hurdle, I will try and post the out-come.

GOD Bless you all

"Keep it between the lines"
Total Comments 2

Comments

Old
go to your bank and inform them that the loan company is no longer a authorized drafty it wount fix what has happened but it will stop it from happening again
Posted 10.07.2008 at 09.13 AM by abjz71 abjz71 is offline
Old
bor's Avatar

You Betchya!

Ya I called my bank, Told them that it was an un-authorized Debit.
It got reversed Later that day. (Thank the LORD!)
But I still am dealing with all the OverDraft Charges, Penalties, reversal fee, Stop pymnt fee, etc......

It caused Chaos!!!!!
But I am in better shape at them moment, than I was That day!

Thanks

post-script..........
Yes the Bank has revoked the Loan companies ability to electronically withdraw monies from MY account.


So I won't be making that mistake again!!
Posted 10.08.2008 at 10.53 AM by bor bor is offline
 
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