I am so tired of Predatory Lenders being allowed to inflict pain on unsuspecting people

I swear there used to be laws against shit like this.

My daughter unknowingly got involved in one with her car.

She has substantial equity in her car, and now they are putting the screws down.

She has a BBA and was laid off of her job. She got another job that paid much less.

Currently, she is two weeks late on her payment and can pay it Monday. They said they were sending a tow truck to get it if it isn't paid by tonight at 5pm.

Today, the Blue Book on that car is $15k. She owes less than $4k.

We are going to attempt to trade her out of it today.

I can't help her until next week with it--they are unrelenting.

But I will promise you one thing. If it comes down to this afternoon and she can't figure this out--they won't be picking up a car worth $15k. They will be picking up a car that is worth what is owed on it.

And that is a promise.

We know the Executive branch is predatory. That's where the War Machine comes from.

If you live in an urban area, one of those crowded downtown multi-level parking garages should do it.

on edit: not meant to downplay your point

...

unless you allow it.

Told her to hide it until Monday and then bring it back and they would trade her out of it. Even offered to buy it for what she owes on it and then tack on their own fee and then refinance it.
They also agreed that the deal was bogus and gave her a number to call regarding the shady business practices. Also told her that they can't steal her equity in her car.

It was very informative.