I had a car loan through NFCU that was discharged in 2019. I opted to Pay & Retain instead of Reaffirming.
So for those of you wondering, YES, Navy does Pay & Retain, but they will tow the car away if you don't pay.
I wasn't paying the car on a regular basis, and Navy Charged-Off the car in March 2020. I continued to make payments intermittenly, but not regulary. As soon as the Covid-19 moratorium was lifted, they towed the car away.
The car is only valued at less than $4000 ( I owed $15,000), which I didn't think would be worth their time and money, but apparently it is.
...just thought the community should know this. ♥
