Ford Motor Credit Company Ripoff Repo. I paid 20,874 and owed 2,548 in deferred payments. Repo for 627.00 in late fees. Dallas Texas & Florida

When you defer a payment, it means you push that payment out to be paid at a later time. (It doesn't mean that the responsibility for the payment disappears. Also, that payment continues to accrue interest during the time of deferment.) That 'later time' is usually at the end of the loan and it is due in full plus the interest you accrued. So the due date for that $2548.00 obviously came and went without your payment being made. You promised to make the payment when you signed the financing contract. You failed to make that payment.  

Instead, you called and tried to make arrangements to pay a lesser amount! At that point, you told Ford Credit you didn't have the money to pay the $2548 that was due. They repo'ed the vehicle exactly as their finance contract promised they would in the case of borrower default. You defaulted. They repo'ed.

Why are you surprised? Next time, don't defer any payments and you won't have this issue. You can't blame Ford for your failure to make the payments in accordance with the written contract you signed.

YOU ran up a ton of late fees which tells anyone YOU weren't paying as YOU agreed to pay in the contract.  Therefore, YOU turned on their COLLECTORS and they did a repo because YOU showed them YOU cannot be trusted.  Ripoff?  Absolutely!  YOU ripped them off.  No, I don't work for them!