this post was submitted on 27 Feb 2024
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[–] ladytaters 36 points 3 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 3 months ago (2 children)

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

[–] [email protected] 11 points 3 months ago (1 children)

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

[–] [email protected] 6 points 3 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 3 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 3 months ago

Its like money with extra steps!

[–] ladytaters 5 points 3 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 3 months ago (1 children)

It's a soap opera in the making.

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

Fuck yes popcorn.