Legal Question in Credit and Debt Law in California

i got my car refinanced for 3800. i have paid 3700 and this company said that that was the intrest i paid off now they say i owe 3800 more and that will pay off my principal balance. they started my perentage at 92% and its now 38% and i still owe them 3800 on a car that i only paid 3500 for and the value is 5000 and the loan is for 3800. is this legal can i fight this?


Asked on 6/06/11, 7:29 pm

1 Answer from Attorneys
Joe Marman Law Office of Joseph Marman

Yous gotta read the contract carefully to see what you signed up for. Ask them to prove the interest rate and the expenses owed.

Read more
Answered on 6/06/11, 8:02 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in California