- Report: #778949
Complaint Review: americredit - phoenix Arizona
Reported By:
candi -
bowling green, Kentucky, United States of America
Submitted:
Updated:
-
Author Not Confirmed
Why?
americredit
pobox78143,phoenix,arizona phoenix, 85062 Arizona, United States of America
Phone:
877-994-9115
Web:
www.americredit.com
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
americredit will not let you pay off loan!I have dealt with americredit for 5 long years.my last payment was to be next month.however the last payment went from 550.oo to 845.when i called they told me interest a phoenix, Arizona
I have had enough of this company.after paying for 5 years my last payment keeps jumping higher forcing me to pay another month.they are charging me 300.00a month interest .My payment is 300.00 a month.they told me my last payment is 845.oo if i pay it in 10 days.if i wait till the due date oct.15th it will be 300'00 more.each month it goes up 300.00 in interest.do not deal with this company.they will get there 845.oo on the 15th.I don't know what to do about it?
1 Updates & Rebuttals
Jim
Orlando,Florida,
USA
Out Of The Clear Blue Sky.....
#2Consumer Comment
Wed, September 21, 2011
Let me see...you and they signed a binding, legal contract which states how many payments, when they are due and all the other terms and conditions. Here we are, you're all excited about the final payment coming up after 5 years and suddenly, out of the clear blue sky, they change the terms and just like magic they are now suddenly strong arming you for more money, right?
Wrong.
Somewhere along the way you were late, you had defered payments or you rang up alot of late fees. In all probability you had some late payments. When that happens, the interest clock starts running separately and all that interest becomes due and payable because you were late.
Now then, lets suppose you made all those payments on time. If you can prove that, then you owe it to yourself to get an explanation from them.
And no, I don't work for them.
