Calfund llc They financed my truck after making 9 payments my payoff is 4000 more then the original amt borrowed Los angeles California
They financed a big truck I brought from truck mart in shippensburg pa. I contacted them today for my payoff amount and it is more then the original loan amount. I made 9 payments already of more then 1500 dollars a month. I don't understand how this can be and when I questioned Calvin's employee he stated he didn't know what I was trying to understand.
2 Updates & Rebuttals
Robert-D
kaufman,Texas,
United States of America
WOW is right!
#3Consumer Comment
Sun, July 03, 2016
I never quite understand how people with horrible credit that use a sub prime leander have anything to complain about. Guess this guy cant read a contract he signed. Commercial credit is far differant than regular credit to begin with. I am sure the leander set a payment schedule that was the same amount for X amount of months. All the interest goes on top of the loan at the start ( Rule of 78 loan criteria ). Just be happy you where even able to buy a truck to make a living. Its all on YOU as YOU agreed to the terms and interest rate of YOUR CONTRACT. Good luck to you and quit complaining
Deryl
Fort worth,Texas,
USA
Wow
#3Consumer Comment
Sat, June 18, 2016
Do u not know how to read? I too bought a truck through Calfund and of course there is interest and do u understand what amatizing is u will all ways pay the interest before u get into the balance and if u went through Calfund it's because u have bad credit what do u expect their taking a risk on you and your bad credit cause u have a history of not paying so of course u will pay more get used to it and be thankful they even gave u a truck cause believe me no one else would have unless u were paying more than have of the trucks value Down God I don't understand people like u complain about everything next time learn how to read your contract before u sign