Greenwood Credit Union
Ripoff opportunists embezzel used auto with high resale value prior payoff

Cars & Transport

Educators are laid off for two months annually and with no employment benefits. Due to this, I got behind on my bills and was not able to make timely payments (final three after six years) to Greenwood Credit Union. I explained my situation several times to the representataives and asked for more time. My decade old car became the "egg laid by the golden goose" for the opportunistic banking parasites, who will capitalized off my four cylinder car that provokes higher retail intererst among many persons presently fighting inflated gasoline prices.

Also, this car was initially sold to me "under false pretenses" by the (Seekonk Izuzu/King Richards) dealership, when I was fraudulently never told about it being in a "major car crash". I went back to the dealership owner to report the right doors under certain lights were different colors. The owner (ignored my inquiry) by passing it off "that most used cars have had doors replaced". Then the trunk became faded, scratched, and marred after some washings removed cover-up. A reputable body shop (after looking under the hood) showed evidence that car was in major car crash.

I was never given the vehicles true history prior its purchase. Obviously the original owner was already reimbursed for the excessive damage through their insurance company. The distorted value of the vehicle was never reflected the resale cost so I was now paying the damage over again. The financial institution was acting as a co-conspiritor to this fraudulence, since they must also be responsible for the dealership by refusing to finance artificially inflated vehicle warranting falsly inflated values of doctored up vehicles. GCU has used psychological and emotional fear tactics and has sent me extensive threatening certified letters to justify stealing back my vehicle prior payoff.

Sincerely


Company: Greenwood Credit Union
Country: USA
State: Rhode Island
City: Warwick
Address: 2669 Post Road
Phone: 4017394600
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