ally auto loan, they are adding 3 payments to my loan - Credit and ...

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Join Date: Dec 2010

Location: new jersey

Posts: 22


ok so on my auto loan i have been 10,15,20 days late sometimes, so now my payoff is coming up, i called them to get the payoff date, and it is 3 months more then the contract states, they said from all the times i was late the loan built up additional financial charges, that is why my payoff is 3 months more, so instead of paying them 60 payments it is going to be 63, i paid all the late charges
from paying late, can they add 3months to a loan for additional finance charges? is this legal?

Source: http://www.creditinfocenter.com/forums/there-lawyer-house/315416-ally-auto-loan-they-adding-3-payments-my-loan.html

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