Household Automotive Finance I purchased a 1999 Altima with monthly payments of 450.00 monthly for San Diego California

I am so glad to be rid of Household Finance, I dont know what do do. I had a 98 Oldsmobile and I just got rid of it. I was sick of Househoeld and their hidden fees. I would always send more than the amount due but the balance never seemed to go down. As a matter of fact when the dealer called in and got a quote for my final payoff it was over 400.00 dollars different than what the statement I had stated. I called and informed them I was no longer in possession of the vehicle. This dizzy broad on the other end goes "oh, what happened to the car" I screamed in the phone " I traded it in you ********* idiot!!"This is the first company that I have ever dealt with the loan amounts never go down no matter how much you pay. Call their manager and demand answers, there is no way you can owe that kind of amount of money and your contract is almost up. If you can find a way out of dealing with them DO IT. I wouldnt let my dog finance a car through them.

The amounts that you mention suggest that you are paying somewhere in the 20 to 24 percent interest range. Couple that with the fact that you financed a low-priced car for 6 years and the first conclusion that anyone can make is that you were a high-risk, low-income buyer. Did you really NEED a brand new car or did you just WANT a new car? (BTW, the last time I bought a new car was 1968. New cars are not a necessity of life.)

But you do raise an issue that you should discuss with an attorney immediately. In most states, an installment contract is treated as a promissory note, a negotiable instrument. One of the material elements of the note is when payments are due. Under the Uniform Commercial Code, altering any material element of a promissory note renders the note void. If the lender has altered the day of the month when payments are due without written consent from you, the note may be voidable. You should be able to discuss this with an attorney for a whole lot less than the amount of your next car payment.