Drive Financial
Refused to repossess my voluntarily surrendered car while fees accrue

I have had the most horrendous experience with this company in the history of financing companies. Last year, I needed to utilize Drive Financial to purchase a vehicle because my credit was less than stellar. Needless to say, had I known then what I know now, I would not have done it. Since the purchase, we have made all of our payments on time until the economy faltered last fall.

My DH and I are self employed in construction no less and frankly were doing extremely well up until the economy took a dump. When that happened and money became tight, I informed Drive Financial that I wanted to voluntarily surrender the vehicle so that I could rid myself of the car payment. What an idiot! I wanted to do the right thing!
Drive Financial has ignored all requests to allow me to return the vehicle. They have told me that I will continue to rack up late charges and interest on the account until they choose to come and get it. Subsequently, I will have to pay all of those late charges and finance charges and whatever else they decide to throw on top of it when the car is auctioned off.
The DH and I are well aware of the fact that we signed a contract and well aware of the fact that we will have to pay the difference of the auctioned vehicle. We will, if we can, pay those funds. I have never disputed that with Drive. In fact, I gladly told them that when the bill came, if we had the money, I would gladly pay them.

Their response is continually, there is nothing we can do about it because they are a finance company not a storage house. I said, let me take it to your storage house. They said no.

It's blackmail, it's fraud, it's not right to not allow somebody to do the right thing! We want to help them get their money back in some fashion. Now it just feels like we're being sucked dry by another company that will benefit from a stimulus package.

In the future, I will not use Drive Financial and I will not recommend them to anyone! I will tell anybody thinking of using them to run far and fast and find somebody else to finance their vehicle.

Company: Drive Financial
Country: USA
State: Texas
City: Dallas
Site: drivefinancial.com

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