Submitted 312 days ago...
Answer 1 / 6
Submitted 312 days ago...
Answer 2 / 6
Submitted 312 days ago...
Answer 3 / 6
Submitted 312 days ago...
Answer 4 / 6
Submitted 311 days ago...
It should say who the other company is that now is taking care of your loans. You will have to bring your account up to date with them buy paying back the missed months. Call both companies back and explain you want to pay the late payments to bring your account up to date and don't hang up until you get an answer of who has it or if it was turned over to a collection agency.
Keep in mind after a month late they start calling usually at 2 months late they start to threaten with repossession and by the 3 or 4th month they start making good on those threats.
Answer 5 / 6
Submitted 311 days ago...
Answer 6 / 6
Submitted 224 days ago...
I agree you definitely need to stay on line until you find out who has your loan. But they are required to give you a written notice when they sale your loan to another company. If they did not check with a local lawyer, but I believe that can put them (the loan company) in a default situation. But bottom line, you need to stay on the phone till you get an answer. If you don't go see a lawyer and have he or she send the loan companies a letter or make a call to them. A lot of the time with things like this you have to work through the legal system. The loan companies surely would if the shoe were on the other foot.
Hope this helps.
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