Complaint Review: Arcadia Financial - Pollard Friendly Ford

I purchased a car from Pollard Friendly Ford in Lubbock, Tx back in 2002. Yes, I signed the agreement, but I did not know that my car payment would include interest.

After having the car for one-year, I went back to the car dealership, to trade it in, but in thecontract, it said that I owed more money than the car was worth. 19,000from the time of puchase, until now, I still owe 12,000.

Is this a rip-off, cause I feel like, I'm being screwed around. I've also talked to the dealer who sold the car, and he told me that Arcadia still charges for interest the old way.

Glendora
levelland, Texas
U.S.A.