TOYOTA FINANCIAL SERVICES TOYOTA MOTOR CREDIT CORPORATION and 'TFS' at P.O.BOX 9786,CEDAR RAPIDS, IA 52409-9786 RETAILED AT $12,600.(10/22/05),paid $19,400.by (2/8/10) they take my COROLLA and $6,800.and still they want $4400.from me. WHAT THE HELL?!?!?! CHANDLER, Arizona

You said: "NOW IM NOT ONLY A VICTIM OF THE DEALERS LEAGAL SCAM, I AM CERTAIN THAT THERE SHOULD BE A 'LEMON LAW' THAT INCLUDES NOT CARS BUT, CONTRACTS TOO." (emphasis mine)

I am not quite sure what you mean about a 'Lemon Law' contract. But if you mean a contract that is stacked all for the lender and not for the consumer - then you are beginning to understand that most contracts are 'for' the person that has written the contract. I am not an attorney or a banker, BUT in order to get on a level playing field you need to either hire an attorney before you sign anything or learn to read the contract put in front of you. Better yet, don't sign it until you take it with you to review and completely understand AND have an attorney review it for you.

If you borrow money, from any institutional lender, they will have a contract that details the terms and conditions of the loan. Don't sign it until you understand the terms. You are obligated the moment you sign the contract to repay in accordance with the terms.  So don't sign anything until you know what you are getting into first.

You got yourself into the loan. You had a problem paying it and now the lender is coming after you for their money just like they said they would in the contract. I have had financial difficulty in the past. In order to get out of it, you need to face the issue and meet it head on. Solve this problem by working out a payment arrangement. If you let this judgment go by ignoring it, the interest will continue to accrue and in a few years this $4k will be huge. The really good thing about this awful turn of events is you can learn from this mistake.

PS, as long as there are attorney's and lenders, the contract will never be in your favor.

Please..please drop the "victim mentality", you will be much better off in the long run.

You received a loan for 19%(yes that is very..very high) which means that you probably had "less than perfect credit".  But if you are saying that you had gone to another dealer the week before and they would have given you an 8% rate, then the only one you have to blame for agreeing to the 19% is yourself.

The simple fact is that you made a legal agreement where if they loaned you money to purchase a car you would pay them back a set amount of money each and every month for a set amount of time.  There was nothing in that contract that said you only had to pay it when you could, or that they had to give you extentions.  But guess what, this is how it would be for EVERY other finanical institution.

I still wish that they could of gave me that extension, I could of lasted another two years of paying for their greed, they say I breached the contract, but really, who ended up breaching what to whom?

- You did breach the contract by not paying as agreed.

Now, the "major" lenders will generally not reposess a car until you are at least 30 days behind, and most will wait 60-90 days.  So unless this is some new policy to reposess after 3 weeks late(and if it was I think there would be a flood of reports), there is probably more to this report than you are saying.