So while my complaint isn't anywhere near as bad as some of the others, I thought I would go ahead and speak my peace anyway. My situation was this, I didn't have horrible credit but I didn't have the greatest. I had just bought a brand new 2007 Caliber when I got a new job about 30 miles away. Since the Caliber was a lease I needed something else to drive because of the miles and I could leave the Caliber at home with my G/F and kids. I tried my local bank but since I had not started my new job my debt to income was to high. I was in the process of buying a house and had used Lending Tree, this worked pretty well, so I used the same type of website to buy my car. Well I got my packet from Road Loans, read it, checked to make sure it was legit, and proceeded to buy my car. My interest rate was 15.9 which sucked, but I didn't plan on keeping this car or this financing for long, maybe a year then i would refinance or trade it in. This was in April of this year. Everything was ok until about 2 months ago when I had to have some dental work done. This was an unexpected cost and it made my bill paying schedule off. I have been late two months but no more than about 10 days. The first time I was late a lady called me at my work. I told her I would be making the payment on that Friday when I got paid. Not more than 20 mins later I received another call, at my work, asking about the payment. I told this person that same thing and also told her I had just received a call. She told me the calls would keep coming until payment was made. Fortunately for me I work in a very secure business and all the conversations are recorded. So her statement about the reaccuring calls is on tape and at my disposal. I received another call today this time at my house, I am officially 6 days late with my pay check coming on Friday. I proceeded to tell this lady that she is allowed to call me once to attempt collection and informed her of my knowledge of lawsuits against her company. I have yet to receive another phone call today, but it is only 6:45. Although there collection efforts are questionable if not illegal, my main complaint is with the "terms" of this loan. I am now 7 months into my loan and have paid a little over 1600 in payments, but my principle is only 340 less, so I have paid so far 1300 in interest, which is making it impossible for me to refinance or to sell this car. Im thinking about just trading it in on a lease and taking the hit on the carry over, just so this joke of a company doesn't get anymore of my money. Good Luck to all that have been deceived by these people, and don't let them push you around. Buy a little recorder from Radio-Shack and record your conversations, be sure to tell them first that you are recording or it will not be available for evidence. Also just to reiterate what has previously been said, inform the BBB in both CA and TX about there horrible business practices, and also let your Attorney General know.
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