Ok, here is how it starts. My wife and I took out a loan to buy a very expensive puppy and fish tank. We are told that financing is available through Finance Maryland. We sign on the dotted line and all goes well until about 2 months ago. With a decent amount of credit card debt we enrolled in CareOne credit counseling. The idea was to consolidate all of our payments into one large payment and possibly end up saving some money. Anyway, in first contact with CareOne, they tell us they had dealt with CareOne in the past and were fairly certain that they would accept $69 a month instead of our normal $92. Ok, so the proposals go out... Months pass and we start getting nasty collection letters from Mariner Finance. A phone call reveals that they didn't receive the proposal, surprise. After wrangling with the local branch entirley too much, they decide they are going to call CareOne to straighten it out. So, needless to say they reject the proposal and now the account is past due. I wouldn't have a problem with that except that we didn't come up with the payment amount ourselves, it was based on CareOne's previous dealings with Finance Maryland. After asking around, nobody can tell me why it was denied nor explain to me why the proposal was denied. At this point, our account is still past due which we need to bring current to get out of collections. As far as Finance Maryland is concerned, they are the biggest ripoff I have ever seen. They send you checks in the mail trying to give you more money - how secure. Their interest rates are higher than a credit card. Also, they apparently discriminate against their borrowers. If you can help it, stay away from these crooks... We are going to pay them off in a few months just to get them out of our hair.
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