Legal advice. I have 2 auto contracts with the same bank. They have different terms, rates, dates, etc.?

If I make a payment for one vehicle, can they take some of that payment to pay the other vehicle without my authority? The contract states one loan per contract and it cannot be combined. What is unlawful what they did?Legal advice. I have 2 auto contracts with the same bank. They have different terms, rates, dates, etc.?
Websites like FindLaw, LawGuru are some of the free legal advice resources available. More information at http://www.uelp.org/freelegal.htmlLegal advice. I have 2 auto contracts with the same bank. They have different terms, rates, dates, etc.?
THATS A LAWSUIT! NOW I NEED 2 CARS AND AINT MISSN A DAYS WORK. THEYLL BE LIKE YOU GOT 2 CARS AND ILL BE LIKE OK THANKS AND REPLAY THE RECORDING
If you have two contracts covering two different automobiles, then your payments for the two are completely seperate. Without seeing the contracts it will be difficult to give you a specific answer, but in general, they can and should be treated differently.





When you make payments, make sure you always send the payments seperately, and write the account number of the payment to which its to be applied on your check. Also, if you have a coupon book to send when making the payment, make sure you use the correct coupon.





If you are paying extra on one of the contracts, make sure you read the contract to determine if you're allowed to do that. Its rare, but some contracts do not allow for prepayment. Therefore, in the event of you overpaying, the bank may be automatically applying the overpayment to the second contract.





I suggest that after re-reading the contracts and if you believe the bank has applied the payments incorrectly, that you call or write to the bank and explain your questions to them. If you have more specific questions, you may need to contact an attorney licensed in your state. For a referral, contact your local or state bar association.