Usacomplaints.com » Cars & Transport » Complaint / Review: Bill Kay Chevrolet - Mislead you to high percentage rate and very excesive credit inquires Ripoff!. #119982

Complaint / Review
Bill Kay Chevrolet
Mislead you to high percentage rate and very excesive credit inquires Ripoff!

On Jan 06 I went to bill kay looking for a new vehicle for my self and i found a truck of choice which to this day the truck and the service department have been top notch.

What I didnt realize is that I had asked them if every thing about the financing was finished and the said they could do it for the percent and payment I wanted and took my 2001 trade in and gave me another 2001 truck in return which I thought was final. When I signed the papers I asked about every thing I was signing and the finance man said dont worry about it sign it and every thing is final.

Bullsh#t a number of weeks later I got A call from the bank my other car loan was from and said they still have not recieved payoff from the chevy dealer. So I called bill kay to find out what was going on and they stalled me for 1 week and then decided to say they couldnt get me financed for the loan I origanally signed and wanted to boost my payment 80 more dollars a month.

So, I told them I wanted my car back if the couldnt make things right They never even considerd giving me my car back. Finally after 1 week of bitching with them they made the payment the same by saying they deducted money from the truck and from the warrenty witch they charged me 2000$ for and after research found out It is only and 800$ warrenty. But instead of an 8.9% rate I got a 19.6% RATE SO MY FIRST YEAR OF PAYMENTS are interest payments.

What they did not tell me and I figured out later is they had me sign a section that said if they could not find financing for me there was a clause that said after 15 days that I agree to whatever interest they could get for me I would of never signed that and I asked what I was signing before I signed it and the finance guy staigt up lied to my face just to put me in the car that day and take my car away.

My other vehicale was at 6.7% interest rate I would have never agreed to that I aint stupid! So not only that but then I started to recieve several denials of credit every weak for 1 month after I signed 3 different contracts for financing and they would not stop coming they had sent my credit to 16 different banks an each one lowers you credit score at least 2 to 5 points.

I have been trying to fix my credit for a year and they just put me back right wear I started and farther behind and each inquire stays on your credit for two years minimum. The finance guy said he would contact the bank to cancel the inquires but still has done absolutly nothing and aviods me every time I go in there.

Do not trust these people they are con artists and will do what ever it takes to put you in a car no matter what it does to you!!!


Offender: Bill Kay Chevrolet

Country: USA   State: Illinois   City: Lilse
Address: Ogden Ave
Phone: 6309682900

Category: Cars & Transport

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