Nuvell Credit, GMAC and the car dealers have a racket to rip off poor and/or desperate people. The car dealer starts by talking up how lucky you are that Nuvell will finance you. With me, I bought a Sunfire from John Gray Pontiac in Kentucky, stickered less than 11,000.00 and paid 1,000.00 down. The last piece of paper I got was the Nuvell contract. Somehow the starting amount I owed Nuvell began at over 13,000 before their 8,000.00 interest. I was told my payment would be under 300.00 per month. It is well over that. The car is cheap for a reason which means it probably will not last until I can pay it off. These people are also like vultures; they are forever more calling or demanding. It is no wonder than the poor and/or misfortunate can never recover from poor or bad credit.
0 comments