Complaint Review: Transouth - Arcadia Financial

My car loan is scheduled to be paid off in April of 2005. As of Oct. 2004 I was notified my balance is 6,100.00 dollars on a 400.00 dollar a month loan (19.5% interest)? I have insisted on an audit of the account several times, but can not get anyone to help me. I did extend 5 of my loan payments over 4 1/2 years of a 5 yr loan. I did not have simple interest. I have rule of 78 were the interest is paid at the beginning of the loan. Today I was told by Transouth the loan was accuring interest daily. I did not understand why, and could not get a satisfactory answer.

Darrell
Norcross, Georgia
U.S.A.