Affiliated Financial Corporation
Usury predatory lending. Rip-off! 27.81% interest!

Cars & Transport

I am writing this on behalf of my boyfriend who knows nothing about the financial aspects of buying and financing a car. I took a look at his car loan papers and discovered that he is paying 27.81% interest on a loan for a car. The usury limit in Florida is 18%.

Affiliated Financial Corporation should be ashamed of themselves for taking advantage of an individual who was in a desperate situation and needed a car immediately and didn't know to even check what the interest rate was. All he told them was he could afford $300 per month and they made sure that he paid that on a 1995 Honda Civic he bought two or three years ago. It is absolutely sinful to see a hard-working person pay this much interest on a car. It's sinful to see ANYONE pay this much interest on a car. I might just pay off the loan and have him pay me back so that they don't get another penny of his money.


Company: Affiliated Financial Corporation
Country: USA
State: Florida
City: Hollywood
Address: 4651 Sheridan Street, Suite 100
Phone: 9548930400
  <     >  

RELATED COMPLAINTS

Sunbelt Credit Corporation of Florida
Sunbelt Credit Charged usurious interest rate

Wells Fargo Financial California, Inc
Wells fargo financial charges 68.5% interest on secured loans. The mafia will give you lower points

Triad Financial Corporation
Charges over 50% of loan as interest, but they can explain it to you ripoff

Settlement Capital Corporation
Scam of Interest rate~ Charged 35.961.00 interest on a ($46,135.00-Loan)

Flamingo Financing
Guilty of usury

CapNet Leasing Corporation
Maxim, AEL Financial, Financial Pacific Leasing, Axis Eric Slegel promised $100,000.00 at low interest. Turned out to be 62%!

Santander Consumer USA
High Interest Rate = Predatory Lending

Aurora Loan Services
They bought my loan at 5.430%from BSM who bought it from B&J at 2.605% they bought it from Homecommings at 7.75%

Nuvell Financial
Ipoff 100%interest loans no early payoff high interest

Loan Max - Anderson Financial Services
270% apr! On a $1000 loan, I paid $1,298.00 in 6 months, & Still Owed $1,096.74!