Paying off a contract

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

  1. Chinatown

    Chinatown Road Train Member

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    That's right; you're not a snowflake, you're a hailstone.
     
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  3. Chinatown

    Chinatown Road Train Member

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    Try to join a credit union then borrow the money to pay to loan. Your new company may be affialiated with a credit union. Credit unions are easy to deal with.
     
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  4. pattyj

    pattyj Road Train Member

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    Dam right and don't you ever forget itm
     
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  5. Duurtipoker

    Duurtipoker Medium Load Member

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    Unless it's written into the contract they can't FORCE you to pay them $200 /week.

    You can suggest a more reasonable payment option, such as 300-400 per month. Then send them that every month. Unless you're rolling in dough or you're not paying at all, they can take you to court and any judge will see that you are being reasonable.

    Yes, like others say, pay your debts. But you don't have to put up with unreasonable payments unless they were stated in the contract. You simply have to make a reasonable effort to pay.


    Ed
     
  6. Chinatown

    Chinatown Road Train Member

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    Trucking companies usually sell the debt for pennies on the dollar to a collection agency.
     
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  7. pattyj

    pattyj Road Train Member

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    That's what I was thinking also.I can understand the school wants their money and rightfully so but sometimes debtors can't afford the amount they want .Two of my debt collectors wanted $400.00 a month each.But I cant afford that so both are settling for $150.00 a month as long as I pay on time and I have.
     
  8. Duurtipoker

    Duurtipoker Medium Load Member

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    It's actually illegal for a creditor to harass someone if they make a "reasonable" effort to repay a debt. Reasonable of course is subjective.


    Ed
     
  9. TakinItEasy

    TakinItEasy Medium Load Member

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    This is correct as long as your making some sort of payment they cannot report you for non payment. Swift wanted some astronomical amount a month for my school Debt. I told them your getting 50$ a month and they could kiss my rear. My credit is still great.
     
    RollingRecaps Thanks this.
  10. RollingRecaps

    RollingRecaps Light Load Member

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    Explain why you believe your old company can get you fired from the new job. You obviously listed your old employer on your application and new company is willing to hire you. End of that story.
    If 200 a week repayment is not in the contract Stop worrying about it. Agree to a reasonable payment plan and move on with life. Thousands of swift drivers have left that contract early you can bet on that
     
  11. Wooly Rhino

    Wooly Rhino Road Train Member

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    Remember this, "It isn't your fault that someone trusted you."

    Do whatever you want to. You are free to default on the loan, and they are free to turn you over to collections. Adults live with their choices. They don't always make the best ones.
     
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