Creditors

United States
February 20, 2021 9:57pm CST
In Oct 2019, my husband agreed to buy a truck from a co-worker's husband. All was going well till Mar 2020. I was fired right before the covid pandemic. I didn't qualify for unemployment and other covid assistance. Co-worker was nice enough to let us skip that month's payment and cut our payment in half while I look for more employment. Between hubby and the doctors, it was decided that it would be better for me to take disability. So I started the paperwork and now am working on my 3rd appeal. Hubby let co-worker know that it'll be a while before we can afford the full payment. They were ok with this till Oct. In Oct, they decided that full payments need to start in Nov. What a way to stress out my holidays! By the grace of God, hubby and I have found ways to make these payments. In Dec 2020, I had an accident in my car. Until I can make $500 to fix it, it sits. Hubby talked with the co-worker, as a friend, stressing how to get my car fixed, they suggested to skip Jan 2021 payment. That allowed us to get the utility bills get caught up. Before he could give them Feb payment, we received a certified letter in the mail demanding that the remaining $1300 owed on the truck is paid in full by Apr 2021!! The truck was scheduled to be paid off in May! What gets me is she stated that gave us breaks for hardships but everyone has them. Ok, I understand that. But she works and her husband works. They received both stimulus checks. We lost my wages. We didn't get both stimulus checks. Now, all that extra stress is making me sick, aggravating the health issues I deal with. If it wasn't for the fact that its our only transportation, I'd throw the keys at her. Hubby works 8-5 mon-fri and then we do side work on weekends. He literally works 7 days a week non-stop for weeks. I'm so mad! If she's thinking we have extra money, I'd like to know where! I sure need it!!
2 people like this
2 responses
@Janet357 (75651)
21 Feb 21
okay. Am sorry for this. Bad things really happen at a wrong time. But in fairness with these people , they are very considerate for giving you time to pay. Maybe your story is a bit.different from ours. A couple borrowed money from us and for 8 months, they never paid us because they lost their jobs. They had no jobs because they did not look for one. We gave them 7 months because we also needed the money. It was the money in my husband's business. And this couple just bought a motorcycle with it. Not a necessity indeed because they sold their old one (which was just a few years old) and bought a new one. And now, we have so many expenses because of the house renovation, and domestic expenses too but this couple do not pay on time because they have to pay their motorcycle which is just a speck of our financial obligation. They have jobs already by the way.
2 people like this
• United States
21 Feb 21
At the time, we were looking to get a truck as a 2nd vehicle as it would help with the side jobs. We were not expecting that I'd be losing my job a few months later. It just makes me aggravated to see that others around me do the things they want and we're struggling to stay afloat. We've been doing everything we can to bring the budget down to his income. How big a difference is 30 days making?? The truck would've been paid off by Memorial weekend. Why does it have to be by end of Apr? An extra $40 each payday that I have to found to give to her. I'm tired of it all
1 person likes this
@Janet357 (75651)
21 Feb 21
@angelwithkids don't worry you will get over it. Nothing lasts forever. Things will get better
1 person likes this
@AliCanary (3102)
21 Feb 21
I think it is always best to pay whatever you can, if you can't pay the whole amount. It shows good faith, and it's always better than just skipping the payment. Every little bit helps. If you pay nothing at all simply because you don't have the full amount, you lose whatever opportunity you have to reduce the debt and the person you owe trusts you less and less. It doesn't matter if they are employed and that they got stimulus checks--you have the truck and you still owe them the money.
2 people like this
• United States
21 Feb 21
I've always budgeted her payment every payday. We always made sure she got her payments until she said lets skip this month. The truck would've been paid off by Memorial weekend. I don't understand why it has to be Apr. That's $40 more each check I have to find to give.