I got the paperwork for our Trial Payments today! We were told over the phone that our first trial payment would be November 1st. The paperwork says the first payment is due Dec 1st.
I freaked out because we made our last full payment October 15th and since they wanted the firstst trial on Nov 1st we are short on money due to timing of our next paycheck. We borrowed money from so we wouldnt miss that first trial payment.
THEN I REMEMBERED....from my research on this site the lender can't ask for the 1st trial payment for at least 30 days from the date of your last payment. Since we paid the OCT 15....thay can't ask for it until DEC????? Am I correct? If I am, what do we do? Skip the Nov payment?
Anyone have this experience?
Thanks for your help.....Mamabear