Paying off a contract

Discussion in 'Questions From New Drivers' started by Eethomas685, Jan 18, 2017.

  1. Eethomas685

    Eethomas685 Light Load Member

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    My company has told me that if I want to get out of my school contract I will have to agree to pay $200 a week to buy out the contract. Is there any way around this or to pay less weekly? They are using the scare tactic of getting us fired from a new job if we don't pay.
     
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  3. Freddy57

    Freddy57 Road Train Member

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    Consult a good attorney before you sign anything.
     
  4. dptrucker

    dptrucker Road Train Member

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    What does contract say? You can get a signature loan somewhere. That should lower payment.
     
  5. Jumbo

    Jumbo Road Train Member

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    Any loan institution, except a payday type place, will get you better terms than $800-$1000 a month.
     
  6. Eethomas685

    Eethomas685 Light Load Member

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    I'm concerned about trying to get a loan because I have absolutely no established credit
     
  7. pattyj

    pattyj Road Train Member

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    That company wants their money ASAP.I would talk to them about an affordable payment plan and if they don't agree to it then use a scare tactic on them like I did with my creditors.
     
  8. Pnwtrucker

    Pnwtrucker Medium Load Member

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    Scare tactic? You owe the money right? Pay what you owe you got yourself in the predicament right? Nobody forced you to borrow the $ it was a decision you made correct? Stand up and pay what you owe! Scare tactics that's what a irresponsible human would use so I guess if you wanna be that person or be a adult and deal with the bad decisions you made and carry on.
     
  9. pattyj

    pattyj Road Train Member

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    Sometimes
    your intentions were there to pay what they want but in my case my poor health took over so my creditors are accepting less a month as long as I pay every mknth and on time.So it's all good for me with schooling unless I had a good reason I wouldn't just up and quit that right there shows irresponsible but we don't know the reason.I think $200.00 a week is very high.But if it was in the contract he must pay it unless he had a good reason for quitting but even then He may have to seek legal help.I imagine this is completely different then my situation.
     
    Pnwtrucker Thanks this.
  10. HotH2o

    HotH2o Road Train Member

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    Take it easy on the snowflakes. They're fragile.
     
    Dye Guardian and Pnwtrucker Thank this.
  11. pattyj

    pattyj Road Train Member

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    Who you calling a snowflake,im far from it.
     
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