I made my last payment on Feb for a $25,000 car on a 60 month loan. I was late on four or five payments through the life of the loan due to financial problems. But despite of my financial challenges, I managed to pay off the loan.
When I called to get the payoff, I discover that they added an additional $900 to the end of the loan. $300 in late fees (which I would have been willing to pay), but they also added $600 for what they called "Extra Interest". I went ahead and made the final payment on the car excluding the $900. I told them that I wanted to see a statement with explanation of the extra charges.
For 6 weeks, the AmeriCredit collectors harassed me. They literally filled my voicemail box every few days. I just ignored the calls while I was waiting on the statement to arrive by mail. It never arrived.
I woke up one morning to find my car missing. There were large tire marks in my yard which indicated a tow truck had removed the car. I called AmeriCredit and discovered that they repossessed the car and added another $400 in Repossession Fees to the balance. They also told me that they could keep the car if they wanted to and that they were being "Nice" by letting me pay $1300 to get the car back.
I was forced to pay via Western Union and then was told where to pick up the car. When I went to get the car, I was informed that I also had to pay another $200 for the Tow truck and storage fees.
AmeriCredit and their employees are evil.
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