Recipients In Oprah's Car Giveaway Fa...

Recipients In Oprah's Car Giveaway Face Hefty Taxes

There are 4 comments on the NBC 5 Chicago story from Apr 13, 2008, titled Recipients In Oprah's Car Giveaway Face Hefty Taxes. In it, NBC 5 Chicago reports that:

It was the car giveaway seen and heard around the world, but people who got brand new cars in a surprise giveaway on "The Oprah Winfrey Show" last week are finding out that those vehicles aren't exactly free.

Join the discussion below, or Read more at NBC 5 Chicago.

Pat

Casselberry, FL

#1 May 8, 2008
We have a six digit mrtgg @ 8.175%,(5yr arm/penalty) and we must refinance. That would mean approx.$6,000 added on to mrtgg. Approx. one month ago, Chase would not waive penalty fee. Today, Chase is now waiving penalty fees. However, we cannot enjoy this benefit because Chase says we don't actually have the mrtgg with them?[Our checks are made out to Chase] There's a third party here that needs to get the President's message to help people get out of this mrtgg mess. Or Chase should somehow be made accountable to help us and deal with whoever this third-party is?
Pat

Casselberry, FL

#2 May 8, 2008
This regards mrtgg-refinancing issue.
We have a six digit mrtgg @ 8.175%,(5yr arm/penalty) and we must refinance. That would mean approx.$6,000 added on to mrtgg. Approx. one month ago, Chase would not waive penalty fee. Today, Chase is now waiving penalty fees. However, we cannot enjoy this benefit because Chase says we don't actually have the mrtgg with them?[Our checks are made out to Chase] There's a third party here that needs to get the President's message to help people get out of this mrtgg mess. Or Chase should somehow be made accountable to help us and deal with whoever this third-party is?
Burbs girl

United States

#3 May 8, 2008
Pat wrote:
We have a six digit mrtgg @ 8.175%,(5yr arm/penalty) and we must refinance. That would mean approx.$6,000 added on to mrtgg. Approx. one month ago, Chase would not waive penalty fee. Today, Chase is now waiving penalty fees. However, we cannot enjoy this benefit because Chase says we don't actually have the mrtgg with them?[Our checks are made out to Chase] There's a third party here that needs to get the President's message to help people get out of this mrtgg mess. Or Chase should somehow be made accountable to help us and deal with whoever this third-party is?
What does this have to do with Oprah's car giveaway? It is not Chases fault that you got a bad loan. Deal with it. Should have been smarter about the loan. Someone tried to talk me into it. I smelled trouble all over it.
Think About it

Batavia, IL

#4 May 8, 2008
Pat wrote:
This regards mrtgg-refinancing issue.
We have a six digit mrtgg @ 8.175%,(5yr arm/penalty) and we must refinance. That would mean approx.$6,000 added on to mrtgg. Approx. one month ago, Chase would not waive penalty fee. Today, Chase is now waiving penalty fees. However, we cannot enjoy this benefit because Chase says we don't actually have the mrtgg with them?[Our checks are made out to Chase] There's a third party here that needs to get the President's message to help people get out of this mrtgg mess. Or Chase should somehow be made accountable to help us and deal with whoever this third-party is?
If you make your checks out to Chase, then they are mortgage holder. If they claim they are not, then why are you paying them? Ask them that. I am sorry that you got yourself into this mess (but I figure you were smooth talked into it)

but I too want to know what this has to do with a car giveaway

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