MasConcepts Incorporated

After discharge we called our lender to pick up our car, worth around 5k, we paid 13k already and somehow still owed 15k. Their bankruptcy company sent us a letter 3 weeks later saying we could continue making payments and they would release once the balance was paid. I called and offered them 2k since it wasn’t in the best condition. 4 weeks later, they countered at 3500, we settled for 3. My wife also had built a good reputation with the local bank(we reaffirmed with) and we were able to finance another vehicle through them for a very reasonable interest rate, around 3%. We plan to have it paid off by the end of next year. Dealerships want 21% interest, they’ll say “the bank won’t let me finance less than xx per month”, total bs, go straight to a bank and work with them if need be