Usacomplaints.com » Business & Finance » Complaint / Review: Drive Financial - Predatory Lending Practices. #402895

Complaint / Review
Drive Financial
Predatory Lending Practices

Like those filing reports against Drive Financial, at the time I purchased my car, I had less than stellar credit.

My husband had come home from Iraq and had medical problems which made him unable to work for more than a year. Previous to this we had a credit score over 700.

Needless to say, we needed a car and ended up being financed by Drive. What a nightmare! They engage in predatory lending practices, making loans for people they now have no choice and squeeze every dime they can out of them. They engage in harrassment and deception.

We finally had cleaned up our credit and decided to refinance our car only to find out that the first two years we had made payments went strictly to interest. We had not paid any principal and owe basically what we purchased the car for after two years of payments. SO now we are stuck with a car that we can't trade in, sell otherwise get rid of!

When we called them to talk to them about it, they blocked our phone numbers and we had to make calls from other peoples phones, even to make payments! We can't contact them from our cell phones, or our home phone.

These people should be ashamed of taking advantage of people who are dire straights.

Not all people have bad credit by choice and preying on them is a shamful act!


Offender: Drive Financial

Country: USA   State: Texas   City: Dallas
Address: PO Box 562088 Suite 900 North
Phone: 8882224227

Category: Business & Finance

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