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  • Report:  #46959

Complaint Review: AmeriCredit

AmeriCredit ripoff scam Arlington Texas

  • Reported By:
    Santa Ana California
  • Submitted:
    Wed, February 26, 2003
  • Updated:
    Wed, February 26, 2003
  • AmeriCredit
    POB 182963
    Arlington, Texas
    U.S.A.
  • Phone:
    800-937.3635
  • Category:

I decided to write in after reading some of the rip-off reports. I am currently being financed through Americredit. I have a loan with 18% interest! Imagine them wanting to help people who supposedly don't pay their bills "on time"! If I carry this loan to it's end ( won't be tho'), I will have paid $30m for a car that I'm now being told isn't worth what I owe on it?

Something is terribly wrong! If you wanted to help, you would not be charging such high interest rates. I think you only want to help yourself! How can a loan that is not even two years old be "upside down"? It'll probably be a voluntary repo if I can't get it refinanced!

PJ - S.A.

Pervis
Santa Ana, California
U.S.A.

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