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I was two days late with my car payment!

Posted by cnixon
on December 21, 2007

And the next month, my rate went up 5%! That's tremendously unfair, and I don't want to take it anymore.

2 Comments

Erika Mitchell
01/31/08 11:29 AM

This happened to me once as well. Sometimes you can call them and assure them it was a one-time thing and they'll remove the penalty, sometimes there's nothing they can do. Maybe try buttering them up and sweet-talking your way back to your original interest rate?

shay
01/04/08 03:36 PM

They did this to me once too after I already had made all my other payments on time or early.

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