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This sponsored content article is provided to the credit union community for shared insights and knowledge from a recognized solutions provider in the industry. Please note that the views and opinions offered here do not reflect those of Callahan & Associates, and Callahan does not endorse vendors or the solutions they offer.

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May 5, 2014

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Laura Paris

5/1/2015 10:00 PM

This article addresses every error the Maine Credit Union I belonged to and conducted business with for 10 years. They repossessed my car which was financed in 2006 and paid on for 5 years in and accepted payments right up until they repossessed. No notification of sale, balance due upon sale, location etc. The repossession was a breach of properties and a forced, threatening experience. The most humiliating experience of my life. Needless to say the repossession of my car affected my self-employment income, caring for my daughter, and ruining my credit for the last 4 years making it next to impossible to receive a respectable interest rate or lease on a vehicle. The attorney I contacted just did not have the time due to the nature of their business, real estate and bankruptcy. I am looking for direction and resolution to this matter. The Maine Credit Union should definitely have a lawsuit brought against them for all of the above stated regulations they broke. My daughter and I have suffered terribly as a result of their unlawful, unethical practices.

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