this post was submitted on 27 Feb 2024
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[–] ladytaters 36 points 11 months ago (2 children)

Oh, bless. Chase is one of the companies that will happily let this person have enough rope and then pull the trap door lever.

[–] [email protected] 20 points 11 months ago (2 children)

I’d expect pretty much every bank would ignore nonsense IOUs and repossess the car.

[–] [email protected] 11 points 11 months ago (1 children)

Thats the very last thing they want to do. The bank wants money not cars.

[–] [email protected] 6 points 11 months ago (2 children)

But a car can be sold for money

explain how

Goods and services can be exchanged for money

[–] ladytaters 3 points 11 months ago

But not usually the amount the person owes, which is why they'd rather keep you paying than have the car repossessed.

[–] [email protected] 2 points 11 months ago

Its like money with extra steps!

[–] ladytaters 5 points 11 months ago

Chase is particularly hard-assed about payments, and I'm speaking from experience paying off cars for customers who are financing through them. It will be a delightful shit show for this guy.

[–] BonesOfTheMoon 6 points 11 months ago (1 children)

It's a soap opera in the making.

[–] ladytaters 3 points 11 months ago (1 children)
[–] BonesOfTheMoon 3 points 11 months ago

Fuck yes popcorn.