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Old 31-12-2009, 04:51 PM   #1
mrbaxr6t
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Join Date: Jun 2008
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Default GMAC collapse

I currently owe money on my vehicle to GMAC financial services, just realised that they were GM's finance division, anybody know what this means for me? I have been making payments and have been continuing to do so, do I now owe the US govt the money who bailed the finance company out?

And on the subject I have had no correspondence from them for a very long time no statements or anything, and I even tried to call them for a "payout figure" I got a recorded message directing me to call a a different number, when I called it I could not be given any information regarding my loan or the amount I owe or anything? was told "it will be looked into and I will get a call back" that was two weeks ago - still waiting for that call

Pretty sure no matter how arsed the company I borrowed the money for the car gets they cannot repo my car to pay their bills?

stressing a little here people :

any constructive comments be appreciated

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