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Easy Pay Finance High intrest rate Laveen Nationwide
Last year we need to get one of my cars fix. I was told to contact fletchers, becasue they have a finance program. So, i'm like ok let me check this out. Did the online application and was approved for $2500. great! i said to myself. My cars go fixed, not really we had to go back several times to get things corrected and then fletcher wanted me to sign up again to add another charge. So, now i have two accounts with easypay. I was told the amount to pay, cool. I will pay this that fine. after paying my account i signed up on the website to check my payoff balance and realized that i wasnt pay nothing toward my accounts. So, let me break this down for you.
my first account was for $2500 back in june 2016, first payment started in july. the payments received $2981.84 the interest they received $2112.25 thats a 96% APR. and the amount towards my payment $859.59 and i still owe $1194. I'm now pissed because all this time i'm thinking my balance was going down... not! but there pockets is fulling up.
the second account was for $410. amount they received $634.64 the interest they received $435.48 and what was made to my balance was $189.16 and i still owe $246. and theis was at an APR of 189%.
THIS COMPANY IS A RIP OFF!!! I will never do this again... and no i will not let anyone i know go to them either. it should be a law against finance companies that charge high rates. I do understand that they make money to but, really it kind of like i'm being pimped out of my money. we need to change the law in this. any action we can take to stop the finance companies from taking avantage of people. sign me up!!!