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  • Report:  #1494056

Complaint Review: Drivetime

Drivetime Bridgecrest Locked me in to a 70 month loan instead of the 42 month loan agree to. Tampa Florida

  • Reported By:
    Velina — Tampa Florida United States
  • Submitted:
    Wed, April 15, 2020
  • Updated:
    Thu, April 23, 2020

This company committed fraud against me.  I was told in order to get a car I had to sign up for a warranty package that cost $5,285 and required a 70-month repayment at $433.48.  However, I was told that if I canceled the warranty within 30 days my loan would then revert to 42 months at a payment of $431.61.

I canceled and they are still holding me to a 70-month contract.  This business is supposed to help people that have a hard time getting auto loans instead they exploit us and commit fraud!

1 Updates & Rebuttals


Jim

Anaheim,
United States

Probably Misunderstood

#2Consumer Comment

Thu, April 23, 2020

Financing your car has nothing to do with warranty, or car repairs, or anything of the sort.  If your car is in the shop for one month, do you go to your bank and tell them I shouldn't have to pay because the repair person has my car?  No, because one has nothing to do with the other.

If you want to stop being exploited, it's time for you to get an education in personal finance - seriously.  No one can exploit you if you are armed with knowledge.

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