L
Lonnboy
Guest
Exactly 3 weeks ago, two days before my college graduation, I was struck, nearly head-on by a drunk driver. As a result, my car was deemed a total loss. Fortunately, I came away with only a couple of bumps and bruises, and did not pursue any medical claims against the woman's insurance company. The problem is this: I still owed $3,000 on my car which was originally financed for $6,500. The insurance company valued my car at $3,861 and paid off the loan, leaving me with a whopping $861. I put a deposit down on a used car, priced at $6,900, assuming I would have no problems with financing. But, repayment of my student loans begins in November. Thus, I can't get financing from any lender because of these loans against my current income. I have approached 4 lenders over the past 2 weeks, 2 of which I have accounts with. I also tried the bank that financed the totalled vehical, with whom I had perfect credit with, for more than 2 years. I have also tried Lending Tree.com, but no one will touch me, not even with a cosigner. I have a rental car which I have been using for the past 3 weeks. But, her insurance company has not reimbursed me for the rental yet, and my credit cards can only afford 1 more week of renting. Then, I will not have a vehical, leaving me unable to commute to and from work. If I can't find someone to finance me the $6,000 that I need to purchase a new car, can I sue the insurance company for that amount claiming undue stress and hardship as a resut of the accident? I am entitled to a vehical of comparable value, correct?