Questionable collection of a debt
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I had a car repossessed in 2003. They have the car but I still have 2 make $150 monthly payments. I've been paying since 2006; why do I still have to pay?
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You still have to pay because you didn't repay the money you borrowed when you bought the car. It isn't at all an unusual situation. When a car gets repossessed, it gets sold, usually at auction, and that rarely covers the loan balance; the costs of the repossession and sale get added on, as well. The car is the car, and the loan is the loan: the fact that your car might not be worth what you owe on it, doesn't mean that the balance gets reduced to match.
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