I was told I can call the bank and ask for loan forgiveness. How does this work and will it help me?

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I am upside down in my auto loan. I am hoping that this will help me out of my truck so I can get something better on gas and cheaper. I owe about $12,500 and the value I looked up said about $8500. I will probably get less because it has some problems and needs a little bit of fixing.

I was told I can call the bank and ask for loan forgiveness. How does this work and will it help me?

Someone is giving you a line this will not happen, if it did would not everyone with a loan do it? Then the bank would be out of business, Sorry no such thing, urban legend I guess

I was told I can call the bank and ask for loan forgiveness. How does this work and will it help me?

No, you bank isn't going to forgive the loan, or even a portion of it, just because you call.

I was told I can call the bank and ask for loan forgiveness. How does this work and will it help me?

I dont have the best of credit, well in fact its kinda bad, but I was able to get car loan since I do have a job which is mainly what this place cared most about for me. They are one of these places that have multiple sources and they say like 99 percent approved. So I would give this site a try....

http://auto.deal4-you.com

Good luck.

I was told I can call the bank and ask for loan forgiveness. How does this work and will it help me?

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