I guess for those with loans with outside banks, VW doesn't gain much by delaying payments on the loan. But for those with VW credit loans it's messed up that they are delaying. For me it's about $2 a day in interest. 5+ business days is really 7+ days in interest. So for me they are squeezing out at least another $14 in interest provided they pay it off by then. If it goes longer which it seems like it is for others, that number just goes up. Plus they are holding the money that they should be paying my loan with, earning interest I would imagine. Just a messed up situation that there is no penalty for them delaying on this part. Since there is quantifiable costs that we as the ones on the hook for the interest are incurring. 5th business day for me is Tuesday. I will be on the phone at that point with the claim line. And an email and call to the attorneys will happen too. Such bull****.
Yep, the 5 business days have also passed for me, and I can show the interest accrued as I have been taking screen shots daily to show it changing. I'll be on the phone tomorrow or Tuesday with an attorney as I'm not allowing VW to play with my credit, nor penalize me with accrued interest.