quote:
Originally posted by girlzzz curlzzzz:
quote:
Originally posted by Mr. Hooberbloob:
I got the same letter about a month ago. Just the luck of the random draw, I guess. Just do like I did and rub your butt on the form before you put it in the envelope and send it back to them.
LOL
My husband and I have both gotten those types of letters on both of our vehicles within the past few years. We like most others always have insurance. I find it offensive that the ones that don't have insurance probably never get one of those letters. My husbands even went as far as we sent the letter back, then a little later we got another letter from Compass Bank saying that if we didn't get insurance they were going to purchase it at an outragueous price and stick on top of our loan payment.
If I were you, I would take that letter , go to Compass Bank, pay off the car, withdraw every red cent, and move banks.
Most banks want to treat you like they do you a favor to loan you money, but in fact the reverse is true. Once I figured that out, getting house loans, and any other kind of loan stopped being a problem.
When I bought my house, I assumed a loan from Valley Federal (now long gone for good reason).
A week before closing I got a call from my realtor that my loan was not approved. I called the woman handling the loan- she told me they had not heard back from TVA if I was employed or not. I gave her 30 minutes to approve the loan or I would go elsewhere, 'cause it shouldn't make a damm if I was employed or not. She called back in 15 min and told me my loan was approved.
Point being, don't ever let a bank jerk you around. Too many that won't .