Our family is being harrassed by phone collectors regarding late payment on a Chevrolet. Not only don't we own a chevrolet, we have never owned one. Don't have a car payment (we pay cash); and have no late payments to anyone. I did not even know who Americredit was until I looked them up on the ...
It all started at the Ford dealer in Lake Havasu, Arizona. I selected a car (2000 Chrysler 300 M) and the manager worked the numbers by adding it up well over 27,000. Don't worry about financing they said, just sign the paper with the payments at 356.00 a month like you want. Well what a surprise ...
I took out a loan in October, 1999, at an absolutely ridiculous interest rate in the high teens, but my credit wasn't good and my income was also not high. I needed the car, I had a teenage son getting ready to drive and wanted him in a safe car. From time to time, I ran into problems with ...
In April I bought a new Grand Prix from a major dealer in Austin, Texas and was told right away that I was aproved for financing but not told by whom. It turned out that the company was AmeriCredit and was never told by the dealer that it was a second chance finance company. The year before I had a ...
To make a long story short Speedway, Dealership and AmeriCredit beat us. They appeared to be partners in crime. Of course they have said to me, "All they do is finance what the dealer proffer." As a business that finances for profit it is wise to determine if someone is being ripped off, ...
In March I purchased my 2nd vehicle through Americredit. I had no problem the first time.in late I fell behind on payments. I received a call from Americredit in January and was told my loan would be charged-off. The customer service rep I spoke to stated I would be OK if I sent a payment ...