"We are well aware of the personal hardship...
Thread Starter
Joined: Jul 2001
Posts: 2,530
From: Greenville, SC
"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?
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?
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.
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.
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.
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