SAN DIEGO, CA, UNITED STATES, February 1, 2022 /EINPresswire.com/ In December of 2021, the Swigart Law Group, APC, filed a lawsuit against Kia Motors Finance, Equifax Information Services, LLC, Experian Information Solutions, Inc., and Trans Union, LLC. If you can reach an agreement to change your original contract, get it in writing to avoid questions later. In some cases, lenders can disable your car by remote control so you cant drive it until you clear things up. Called up to have a couple payments deffered was told no against company policy so in other words if you have a medical issue and cant make your payment they will not help you was told to rfinance or voluntary surrender AFTER telling them i will be out of work for 2 months Legit but act like a scam. I never recieve a response. So then what happens? Repos Where to find Utah Community Credit Union Repos. Reaffirming the loan means that you are telling the company that you will make payments on the car instead of getting rid of the debt. Also, refinancing your loan doesnt automatically get you a better rate. That's what I have to fight next. Its important to realize that you can repair bad credit. Best - Hope In a Chapter 7 bankruptcy, you can stop paying your car loan, but the loan company will take that vehicle in exchange because the car loan is a secured debt. If your lender sells your car, the sales proceeds go towardyour loan balance. If I had known how awful they are, I would have financed elsewhere and gotten the discounts instead. Reviewers complaining about Kia Motors Finance most frequently mention customer service, auto Well-qualified buyers interested in a certified preowned Kia. KIA Motors - 2013 kia optima snow white pearl paint. 3:21-cv-02078-L-RBB. I loved the Kia, but no longer need it since the loss of my wife, but cannot sell it. WebSimply refusing to pay puts you at danger of collection calls and, eventually, a repossession. I asked for their email so that i could forward a copy of the previous payment history but Jacob told me they had no email.i was trying to explain to him but he is is not even willing to listen. I couldn't understand so i compared both only to find out that they loaded more interest on the monthly payments with deducted interest. Since 1989, Kia Motors Finance has been committed to helping customers join the Kia family, and to creating the best possible ownership experience. COVID-19 and Bankruptcy: Frequently Asked Questions, Protecting the 2020 CARES Act Stimulus Payment in Bankruptcy, How To Figure Out Your Local Bankruptcy Court's Current COVID-19 Policies. Look at your credit card balances and the spending limits. The complaint alleges that despite making timely payment Kia repossessed her automobile, her sole mode of transportation. Youre always encouraged to talk to a trusted expert who can make sure you are purchasing a reliable vehicle. Ms. Cohns dispute letters explained the basis of her belief that Kia reported inaccurate information and she included proof of her timely payments that were cashed by Kia. I MAY STILL TAKE MY PAPERWORK TO A LAWYER FOR HELP. What about aftermarket parts and upgrades? Cal., Case No. You then risk an unexpected payment or forgetting because it takes several days to come out. If the car will go to auction, you can try to attend and bid on the car. A reaffirmation agreement involves agreeing to make payments on the car regardless of your bankruptcy discharge. In-house financing available but only for the cars in its inventory. Gravity Lending matches borrowers with lenders so you can get the best vehicle refinancing deal out there. If you have a bad credit score, dont forget to check out a credit refinance calculator. Finder is a registered trademark of Hive Empire Pty Ltd, and is used under license by Ofcourse i did request coz i thought it would do good on me as the staff who made the changes told me that my principal would go down! I sent in the check and a printout of their buyout offer. In some states, your lender has to tell you what personal items were found in your car and how you can get them back. Kia Finance Established in 1967, Hyundai is affiliated with automobiles (Kia Motors Corporation [Kia Motors]), trucks 0.00%. Your lender cant keep or sell personal property found inside your repossessed vehicle. Their customer service is worthless and they don't care about their customers! The date to pay comes and I get and email they received my payment. WebTo access information regarding your Hyundai Motor Finance account, including account status, date of last payment received, and pay-off information, you may call the Hyundai Motor Finance automated phone system at 1-800-523-4030. In addition to your loan balance, you also have to pay for costs related to repossession. Selling Dealer Guide I pay my car payment weekly you cannot set auto pay up for doing so which would be very convenient.it does give a week to week breakdown of payment of intrest and principal and only takes 2 days for draw from bank. US military servicemembers, reservists, retirees and their spouses. Another option is comparing personal loan offers. It's one of the greatest civil rights injustices of our time that low-income families cant access their basic rights when they cant afford to pay for help. My Car Has Been Repossessed, and I Was Told It Will Be Sold. Even if you file for bankruptcy, your cosigner will be responsible for the loan. Many called to Kia and every time they change their story. Also, be realistic about the monthly payments. I wasn't sure if that meant that Kia was signing off on its title and I would have to apply for a new one with the state DMV or if they would send in the title and application to the DMV (along with the fee). I've been having my Kia Optima for a year-and-a-half never had any problem with Kia so far so good but wow seeing all these bad judgments about them make me don't want to trade it in and get a new one. As long as you make your payments consistently for six months, you can guarantee that you will save money. Repossession These tend to be some of the cheapest car loans too. The complaint has been investigated and resolved to the customers satisfaction. Well discuss those problems in more detail below. Is this something I could get help with using a consumer attorney? What Happens If I Left Some of My Personal Possessions in My Vehicle When It Was Repossessed? Depending on your financial situation, you can save thousands of dollars in as little as three steps. We want to be transparent about the data we and our partners collect and how we use it, so you can best exercise control over your personal data. This is a costly mistake and stays on your credit report for seven years. This method may be ideal if you are facing a financial hardship, such as illness or a financial emergency. If you need a new loan before your credit has improved, consider asking someone with better credit to co-sign with you. multiple options for refinancing your car loan. The site is secure. Repossession, whether you eventually get the car back or not, shows up on your credit reports for seven years and can lead to lower credit scores. You have a few different financing options to consider from traditional car loans to applying directly through Kia. ", Commonwealth of Massachusetts. The plan gives you access to our extensive network of Kia-trained technicians that use Genuine Kia Parts. View upcoming maintenance milestones, recommended service, and, with Kia Connect, get monthly health reports, If equipped and eligible, enjoy the smarter convenience of Kia Connects remote features like lock/unlock, climate control, charging and much more, Get how-to and product- and feature-demo videos on demand made for your Kia model, If you financed your vehicle by Kia Finance, you could make your car payments and keep track of payment history.