"We are well aware of the personal hardship...

Reply Subscribe

Thread Tools

Search this Thread

05-09-2005, 04:09 PM

KCMC582

Supporting Maxima.org Member

Thread Starter

iTrader: (4)

Join Date: Jul 2001

Location: Greenville, SC

Posts: 2,531

"We are well aware of the personal hardship...

and financial difficulty created by the recent disaster in your area."

Thats the way the letter from Nissan MAC starts that I got today. Its basically a form that allows me to extend my payment one month because of the "recent disaster in my area." I live in North NJ. What recent disaster? I dont watch the news much, but Im sure I would be aware of a disaster in my area

Anyone else get this?

05-09-2005, 04:16 PM

TXT-1

Senior Member

iTrader: (1)

Join Date: Jul 2003

Posts: 2,159

Wow, interesting! The only thing I can think of is the recent flooding along the Deleware in the Trenton area. Apparently there were record breaking floods up that way. I've never heard of this letter before.

05-09-2005, 05:04 PM

CKOTuHA

Senior Member

iTrader: (11)

Join Date: Sep 2003

Posts: 1,268

Your friends fooled you

05-09-2005, 09:56 PM

imxelite

Supporting Maxima.org Member

iTrader: (2)

Join Date: Sep 2003

Posts: 748

You try to extend your payment and you'll wake up to your car missing in the morning

05-10-2005, 03:02 AM

Barc

Senior Member

iTrader: (2)

Join Date: Jun 2004

Location: WH, AR

Posts: 664

I used to get these all the time with my previous car loan. Basically, you extend the payment period by 1 month and incur the extra interest over the life of the loan. Its just a way for the company that made the loan to make more money in interest. Its not really a "scam" per se, but it does end up costing you more money in the long run.

05-10-2005, 09:24 AM

maxfanfromohio

Shiver me timbers.

iTrader: (7)

Join Date: Oct 2002

Posts: 2,480

You live in Jersey, there is always some kind of disaster.

05-10-2005, 09:46 AM

Playero

Sanduguero

iTrader: (2)

Join Date: Mar 2002

Posts: 1,562

Quote:

Originally Posted by maxfanfromohio

You live in Jersey, there is always some kind of disaster.

they are talking about the active volcano......

05-10-2005, 11:48 AM

Whitemax

Disco Biscuit

Join Date: Aug 2000

Posts: 3,791

imxelite, I LOVE your avitar

05-10-2005, 11:58 AM

LuckyNYC

Senior Member

iTrader: (2)

Join Date: Apr 2005

Posts: 111

Quote:

Originally Posted by Barc

I used to get these all the time with my previous car loan. Basically, you extend the payment period by 1 month and incur the extra interest over the life of the loan.

I used to get those all the time as well for x-mas or 'being a good customer' and they tack on a $50 "processing fee" in addition to the additional interest.