Can you buy a car for $13,800 and 6 yrs later owe $21,000 afer being repoed w/ a bal. of $8000 & aucnd 4 $4000

Question

I originally paid $13,800 for this car and it was sold at auction for $4,000 and the balance when it was repoed was about $8,000, with interest... I now owe $21,000 on it and I'm getting garnished every month.

Answer 1

did you look at the INTREST RATE, holly crap man,

Answer 2

Yes you can!!! You're getting charged a crapload of interest. That's how. I suggest you consult a Debt Consolidation Agency. Ask your bank or credit union for a referral.