Nuvell financial will finance "high risk" car buyers, but what they don't tell you is your APR is not a simple interest loan. Your interest is through the roof, almost 20% annually and they finance the loan under the terms that you cannot pay off early without paying total interest for 5 years. You have to pay 5 years interest no matter when you pay them off.
I had a Chevy Cavalier for 2 years, I bought it new and the price I got from the dealer was $9,999. After interest, my total loan was $18,998. I paid over $9,000 in two years, went to trade in and my payoff was $9,500. My car was only worth $6,500 blue book and I only received $5,000 trade in.
The car dealer won't tell you this (obviously) and they will beat around the truth to get you to buy. Make sure anytime you are buying a car, you ask about the "simple" interest loan. Do not finance anything that charges a penalty for early payoff.
Nuvell customer service was always very nice and worked with me throughout my loan with them. I was late in January 05 due to losing my job - and they worked with me and helped me. I can't complain about the professionalism of those who work there, but the company as a whole is ripping off their customers. Beware
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