- Report: #110517
Complaint Review: Affiliated Financial Corporation - Hollywood Florida
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Author Confirmed
Why?
Affiliated Financial Corporation
4651 Sheridan Street, Suite 100 Hollywood, 33021 Florida, U.S.A.
Phone:
954-893-0400
Web:
N/A
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Business Rating:
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Affiliated Financial Corporation Usury predatory lending. Rip-off! 27.81% interest! Hollywood Florida
I am writing this on behalf of my boyfriend who knows nothing about the financial aspects of buying and financing a car. I took a look at his car loan papers and discovered that he is paying 27.81% interest on a loan for a car. The usury limit in Florida is 18%.
Affiliated Financial Corporation should be ashamed of themselves for taking advantage of an individual who was in a desperate situation and needed a car immediately and didn't know to even check what the interest rate was. All he told them was he could afford $300 per month and they made sure that he paid that on a 1995 Honda Civic he bought two or three years ago. It is absolutely sinful to see a hard-working person pay this much interest on a car. It's sinful to see ANYONE pay this much interest on a car. I might just pay off the loan and have him pay me back so that they don't get another penny of his money.
Gretchen
Tampa, Florida
U.S.A.
Affiliated Financial Corporation should be ashamed of themselves for taking advantage of an individual who was in a desperate situation and needed a car immediately and didn't know to even check what the interest rate was. All he told them was he could afford $300 per month and they made sure that he paid that on a 1995 Honda Civic he bought two or three years ago. It is absolutely sinful to see a hard-working person pay this much interest on a car. It's sinful to see ANYONE pay this much interest on a car. I might just pay off the loan and have him pay me back so that they don't get another penny of his money.
Gretchen
Tampa, Florida
U.S.A.
