Alright, here is the story...

I had a messed up credit while back, then I had a chance to buy a decent car at higher interest rate to fix it up a bit to show that I am reliable on making payments.

So, I left 12,700 bucks to pay off. I got a loan through a different financial company, not the dealership.

I got my statement for 1st year - 2008.

My original pay off was 12,700 bucks, after a whole year of making payments of 345.00 a month my pay off is STILL 11,900 !!!!

After calculating and reviewing the statement it shows that out of 4200 (rounded) dollars I paid the whole year only 800 dollars went towards the principal !!! What the **** is this? An interest 1st loan? This is ****ing ridiculous... It seems that after this year 2009, the loan pay off will be probably still 10,900 and no interest anymore, since all of it will be paid first...

I don't even know what to do anymore... Drop off the ****ing car and the keys in front of their office and let them take it and mess up my credit even more... at lest it will only cost me 4200 bucks and that's it....

Mother****** banks....

Please give me some advice...