Gmac Car Loan
How do you get older with disabilities, in a setback GMAC car loan?
My parents are seniors with disabilities and are trying to find a way out of a reversal of GMAC car loan. They were harvested when it came to trade in your old Saturn sedan for a vehicle that had OnStar. The agent did not give even the blue book value on their trade in which was in excellent condition. Every time they go to the dealer service leverages Saturn telling them they need jobs that do not really need. Any advice or help would be greatly appreciated. Both are at the end of his rope and can not afford to help at this time and I'm trying to help my brother with his mortgage.
They can only pay the difference between what you owe and what the car is worth to return on equity. That's it. His parents were not utilized, but they are not informed. Stop helping his brother with his mortgage. Personal responsibility is the key in both situations.
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