I have been a customer of Drive Financial Services since April (that gives you an idea of how much money I have given them). Now I'm at the end and the balance on my vehicle is $4,660.92 after 45 payments. This is ridiculous. I have just made my June payment and only have 5 more payments through November. If I'm ahead on my payments why do I owe so much still.
When I called the lovely Drive Customer Service I got a lot of double talk and you don't understand, until the woman finally hung up on me. I have paid long and hard and enough is enough. I know I don't owe $4,660.92 and I'm not going to pay it. What everyone on this site and who visits and reads these reports on Drive needs to do is take them to Small claims court for starters. Lawyers are very expensive and Small claims court cost filing and serving fees. If enough people bring this to Judges attention the over abundance of fees and interest and illegal tactics Drives uses something can be done. If Small Claims doesn't work then pay a lawyer it cann't cost much more than what Drive rips you off for. I sent a letter to the President on December 11 with no response to date and I don't expect he will respond. Why should he they are getting away with treating subprime lenders this way. We may have been subprime lenders but we work hard for our money and deserve to be treated fair and equitable.
I intend to take Drive to Small Claims Court and to file a report with the Better Business Bureau in Baltmore; but I have no intention on paying them $4,660.92 they will get $1,770.55 which is the balance of 5 payments I owe them. I want the title to my car and if they don't give it to me I will file Small claims papers against them and if that doesn't work I will pay an attorney.
I believe Drive is also somehow teamed up with Wells Fargo and they are being investigated in Baltimore for illegal subprime lending tactics. The small people can make a difference wright letters and lobby your Mayor's, local Delegates, and Congressman. If enough people speak up about Drive maybe something can be done or they can be put out of business. I understand people with credit issues want a company that will take a risk but this is beyond a risk. Drive is criminal! Please if there is a lawyer reading this report take this case as a Class Action lawsuit... Please!
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