<\/p>\n
Back in September 2021 I decided to finance a new truck (48,000 stupidly). Flash forward to now. Fell behind on payments and now it\u2019s been repossessed. I\u2019m now considering a CP. however I have a month by law to buy back my truck or let my truck go to auction by the bank. However I need a vehicle for work. Just A to B. I\u2019m strapped for cash atm and getting rides from my folks. Should I go ahead with my proposal or wait for my bank to auction off my vehicle. If I do the proposal, I can finance a cheaper vehicle and pay if it off early (get a vehicle sooner). Or if I wait to to auction I can get a little cash loan to buy a vehicle for cheap. Which would look better on my credit report? <\/p>\n
ALSO, I have learned from my mistakes and will never do this again.<\/p>\n
EDIT: I suppose it easy to judge someone\u2019s situation while not having the necessary facts on what happened or how I got to this point. I\u2019m asking for advice not your judgement. If you\u2019re only going to dwell on how I screwed up and not offer any valuable advice. I\u2019m trying to get myself to a better place and have already faced the ground breaking reality of this fall out. So please, if you have nothing valuable to offer just simply move on.<\/p>\n
EDIT 2: After reading the comments here, regardless what has been said, truly is humbling. Thank you for your comments! My plan is: -Buy a beater next paycheck. -Wait till the bank auctions it off. -Pay the difference off ASAP. -never step foot in a dealership ever again. -go to therapy, get on meds, manage bipolar\/manic episode impulsiveness.<\/p>\n<\/p><\/div>\n
submitted by \/u\/hunter4554o <\/a> Back in September 2021 I decided to finance a new truck (48,000 stupidly). Flash forward to now. Fell behind on payments and now it\u2019s been repossessed. I\u2019m now considering a CP. however I have...<\/p>\n","protected":false},"author":1,"featured_media":24127,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[10],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/posts\/25907"}],"collection":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/comments?post=25907"}],"version-history":[{"count":0,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/posts\/25907\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/media\/24127"}],"wp:attachment":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/media?parent=25907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/categories?post=25907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/tags?post=25907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
[link]<\/a><\/span> [comments]<\/a><\/span>Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"