3 payments....sm
Posted By: overwhelmed on 2009-01-29
In Reply to: about the car - Scared too
I was in contact with them and didn't ignore them but at the three month point there was no hope. I had tried a payment arrangement a few months before and was able to do half of it, but I kept getting in deeper and eventually just couldn't make any payments. I don't know your situation, but try seeing if they'll work with you. Even after I missed the payments they still went higher up to see if they could do something else (they couldn't) b/c they have been getting so many voluntary surrenders of cars recently. Good luck.
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Tell me why you are behind on payments and you don’t want husband to know
Are you the one responsible for certain bills- was the money used for something else, just why?
Not always true about minimum payments - sm
One of my kids was seen in the emergency department last April and we didn't get a bill for the visit until September. The outstanding bill was about 800.00.
As I have always done in the past, I made payments, no less than 100.00 per month to get it down. Along with the second statement in October was a letter from the hospital stating that we would need to choose one of three payment plans.
1. Payment in full.
2. Two installments for half of the balance each time.
3. Apply for a credit account at 18.9% interest.
This was definitely something new and I ignored it. There was NO way I was going to choose any of those three when I have always done as I was doing, making payments of no less than 100.00 per month until the balance was paid off.
Guess what.... when the balance was down to 200.00, they turned it over to collection. Yep. Turned it over.
Be very careful.
When looking at the two options, the monthly payments were much higher
if buying, I mean by double in many cases. Also, my husband knows the car dealers where we bought, and they were the ones actually explained all of it to us and why most of them lease! I'd rather pay under 300 a month forever than pay 500 or more a month for 5 or 6 years for the same car. Yes, you may not have car payments for a few years but what are you really saving based on the above? Plus, NO repairs and always having a brand new car. Some even come with free OnStar and satelite radio for a year, and other perks like that. Oh, I've bought many times in the past; and for me this is just a much better deal. To each his own.
Be very careful about credit card payments
I just paid off my Visa to the tune of over 7,000.00. This was what was posted but did not take into consideration the interest charges put on- I got a bill for $1.50 so I thought ok will send that in, I was a day late- (no excuse, just overlooked) and they had put my interest- get this from a low 10 to 117.16 for that month- now what would happen if I owed a REALLY BIG amount- I would never get that paid- how it worked out was I owe them now $15.59 which I think will pay before time. Just be aware, folks! These folks are ruthless....
So send $2 a month. You will be making payments
x
if insurance falls through start making payments NOW
I'm not trying to jinx you, but in the event you make too much money to qualify for insurance, you can start making payments now to the hospital and an OB for care and labor/delivery. I am due May 8 and even though we have insurance (kind of crappy insurance) it is still a butt load of money for an uncomplicated birth. We started making monthly payments from the start to the hospital and the OB so it wouldn't be so bad all at once.
Also, if you do qualify for Medicaid and WIC (and this is your first baby like me), take advantage of any covered birthing classes and educational classes. I have taken classes and learned so much! It takes the stress off a little bit when you know what to expect. Good luck!
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