submitted 2 months ago by BonesOfTheMoon to c/insanepeoplefacebook

Letter back:

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[-] [email protected] 20 points 2 months ago

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

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

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

[-] [email protected] 6 points 2 months ago

But a car can be sold for money

explain how

Goods and services can be exchanged for money

[-] ladytaters 3 points 2 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 2 months ago

Its like money with extra steps!

[-] ladytaters 5 points 2 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.

this post was submitted on 27 Feb 2024
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