Drive Financial
Most of Payment Applied to Interest, Management Refused to Speak

Cars & Transport

I have tried to contact upper mgmt @ Drive Financial on numerous occasions, regarding payments that I have made. They are applying 75% of my monthly payment toward interest. Why? Next, when I try to speak with upper mgmt they hang up on me. On Dec. 24th I called them a total of 10 times before I decided to go on-line and research this company.

I make my payment every month via online through my bank account, and it appears that it is not always a guarantee that the payment makes it to them on that day or they don't process the payment on that day but, they charge a fee for the payment not being processed on that day, then they take away from your monthly payment of your bill and apply it toward interest. I have had my car for almost a year and looks as though I have only paid $600.00 toward the purpose of my vehicle, it really doesn't look good on my credit report either.

Please help single mother of 3

Christy Memphis, Tennessee


Company: Drive Financial
Country: USA
State: Tennessee
City: Memphis
Address: P.O. Box 660633
  <     >  

RELATED COMPLAINTS

Drive Financial Services
24.99% Rate on $20,000 Loan Means Paying Over $30,000

Drive Financial
Check processed early and returned for insufficient funds

Drive Financial Services
Charged $10.77 per day late fee despite ten-day grace period in contract

Drive Financial Services
First payment collected two weeks late, adding interest charges

Drive Financial Services
Balance barely drops after fifteen months of payments

Drive Financial
Refuses to credit payment that has cleared my bank

Drive Financial
$2,467.05 paid and unaccounted for

Drive Financial Santander Consumer
Military Family Faces Changing Payments, Phone Harassment and Repo

Drive Financial Services
Daily late fees of up to $10 added after payment arrangements

Drive Financial
Dozens of Daily Calls Before Due Date, Payments Reported Late