Complaint / Review
Drive Financial Services
Made first 5 payments totaling $2450.00 - Account balance only decreased $315.00

I made my first 3 payments of $500.00 (regular payment of $390.00 plus an additional $110.00. When my next statement arrived it said nothing due so I skipped that payment.

My account balance went up $273.00

My next payment of $500.00 was on time. My next payment of $450.00 was ten days late and my account balance went up $255.00.

I have paid more than I was required to every month totaling $2450.00 in 5 months and my account balance has only dropped $315.00.

More than half of my payment seems to go to interest or my balance goes up!

I Bought this vehicle a 2004 Chevy Suburban for $28,000.00, put $16,000.00 in cash down, had to pay an additional $1000.00 to obtain the loan and ended up still financing $15,500.00.

I am not sure who ripped me off more the finance company (Drive Financial) or the dealership (Classic Chevrolet in Moorestown NJ)