Arcadia Financial
Ripoff $225 a month interest & only one dollar on principal SOMETHING IS VERY DISHONEST WITH THIS COMPANY Illinois

Just got a report from Arcadia on my daughter's car. I co-signed so was interested. Because she was just a few days late, as her paydays were different, they are charging interest from hell. Every month the balance sheet shows 200.00 or 175.00 a month interest, and principal payments of 2 or 3 dollars. She has been paying on the car for three years, older car, and still owes almost 7,000 because of interest fees. Can they do this? The contract was only for five years. How can they charge what they want. They told us they charge 4.00 per day for every day a payment is late. But don't annotate late fee, annotate interest. SOMETHING IS VERY DISHONEST WITH THIS COMPANY

Lucinda
Canyon Lake, Texas

Company: Arcadia Financial
Country: USA
State: Maryland
City: Carol Stream
Site: www.arcadiafinancial.com

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