Auto loan payment

Help with eliminating and paying debt, including credit card debt and medical debt.
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Bamburg
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Auto loan payment

Post by Bamburg » Sat May 12, 2012 9:45 am

I'm writing for my son who lives in Burlington, Vermont. He and his wife have 3 children, a 7 year old with an illness, needing 24/7 care, and a newborn. Last year, my son was headhunted for a great job in his field (solar energy education) which doubled his salary. He purchased a van which was suitable for transporting his disabled son and the new coming baby. Three months after getting the job which doubled his prior nonprofit salary, the company reorganized and he was laid off. He is now working for a local solar company, but back at the nonprofit salary. He is currently paying the car payments off with savings from the months of working at the higher paying job, but that is running out fast. The car has lost $7000 in value, so selling it will bring a great loss, and he needs the van for doctor visits etc.

Thaia
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Re: Auto loan payment

Post by Thaia » Fri Aug 04, 2017 1:56 pm

We are trying to get out of debt but when we get tiny bit saved another bill comes. We have 2 auto loans all together around 10,000 it's really hurting us. We both work. My husband is a police officer. I don't ever ask for help but we can't seem to get caught up. And now my car is broke so somehow we will need to buy knew one. Please help we have a 4 year Old. We are really trying to get ahead with this payment but it can't happen, and thank you.

Sloan
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Re: Auto loan payment

Post by Sloan » Thu Jul 09, 2020 3:24 pm

Good morning,
I'm writing to you to find out where and if there is any possibility of getting a distance with a auto loan payment and debts on car payments? I have had my car and made payments in a timely manner for the past 2 1/2 years. I have been unemployed since September 2018 and have had some medical emergencies that I am currently addressing now and on the way to healing. I am currently seeking full-time work.
I have a car note through Michael Wayne Investments and have a auto loan debt payment due this Friday of $166. They will accept $125/minimum. I am seeking and looking for financial assistance for this payment for just the one time assistance while I am getting back on my feet. As I need my car specially to seek and go to set up coming interviews.
If you could reach out to me with any available information as to who may possibly be able to help.

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