Q: Can a finance company charge you more than the item is worth if you stop making payments
My car broke down earlier this year I’ve tried to get it fixed but still nothing and because I have a wife and kids we had to stop the payments to pay for other ways of transportation and now the finance company is trying to charge us 9000 for a car that is only 8000 and we also made payment in the past and the money down we spent and said basically if we don’t pay they will take us to court
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