- Report: #14725
Complaint Review: ARCADIA FINANCIAL LTD. - CAROL STREAM Illinois
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Author Not Confirmed
Why?
ARCADIA FINANCIAL LTD.
P.O.BOX 4367 CAROL STREAM, 60197 Illinois, U.S.A.
Phone:
1-888-350-9059
Web:
N/A
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
ARCADIA/OLYMPIC FINANCIAL RIP-OFF
IN JULY OF 1996, MY HUSBAND PURCHASED A TRUCK AND HAD IT FINANCED THROUGH OLYMPIC FINANCIAL.(THE COMPANY NEVER NOTIFIED US THAT THEY HAD CHANGED THEIR NAME TO ARCADIA.)
MY HUSBAND WAS INVOLVED IN A SERIOUS ACCIDENT IN APRIL OF 1997 AND COULDN'T WORK FOR A YEAR. HE HAD INSURANCE TO COVER THE PAYMENTS , BUT THEY STARTED TO PAY TOO LATE.ARCADIA CLAIMED THAT THEY DIDN'T RECEIVE THE PAYMENTS AND THEY WANTED THE TRUCK OR ALL OF THE BACK PAYMENTS NOW.
(THIS WAS JAN. OF 1998) THEY WERE THE RUDEST LOWLIFE'S I HAVE EVER HAD TO DEAL WITH. THEY DIDN'T CARE THAT THE PAYMENTS WERE ON THEIR WAY, ALL THEY CARED ABOUT IS THAT THEY WEREN'T THERE ALREADY.THEY REPOSSESSED THE TRUCK, THEN THEY HAD ENOUGH NERVE TO CALL A FEW DAYS LATER AND OFFER THE TRUCK BACK TO US, THEY "FOUND" THE MISSING PAYMENTS "UNDER A STACK OF PAPERS" ON SO-AND-SO'S DESK.
WE SAID TO BRING US THE TRUCK BACK, THEY THEN TOLD US WE HAD TO PAY AN EXCESSIVE AMOUNT (MORE THEN WE COULD AFFORD TO GIVE THEM AT THAT TIME) OF MONEY TO HAVE IT "SENT" BACK TO US (DELIVERY,TRANSPORTATION, & MILAGE CHARGES TO US SOUNDED LIKE THEY WERE "TRIPLE" BILLING US.)
THEN TO ADD SALT TO A FRESH WOUND THEY NOT ONLY PUT 1 REPO. ON OUR CREDIT, BUT THEY PUT 1 ON FOR "OLYMPIC"; & 2 ON FOR THEMSELVES. THREE REPOS., 1 TRUCK...HOW'S THAT FOR "SCREW-YOU-OVER"????
SIGNED: SCREWED UP CREDIT FOR LIFE
CHRISTINE
WHITEWATER, WISCONSIN
MY HUSBAND WAS INVOLVED IN A SERIOUS ACCIDENT IN APRIL OF 1997 AND COULDN'T WORK FOR A YEAR. HE HAD INSURANCE TO COVER THE PAYMENTS , BUT THEY STARTED TO PAY TOO LATE.ARCADIA CLAIMED THAT THEY DIDN'T RECEIVE THE PAYMENTS AND THEY WANTED THE TRUCK OR ALL OF THE BACK PAYMENTS NOW.
(THIS WAS JAN. OF 1998) THEY WERE THE RUDEST LOWLIFE'S I HAVE EVER HAD TO DEAL WITH. THEY DIDN'T CARE THAT THE PAYMENTS WERE ON THEIR WAY, ALL THEY CARED ABOUT IS THAT THEY WEREN'T THERE ALREADY.THEY REPOSSESSED THE TRUCK, THEN THEY HAD ENOUGH NERVE TO CALL A FEW DAYS LATER AND OFFER THE TRUCK BACK TO US, THEY "FOUND" THE MISSING PAYMENTS "UNDER A STACK OF PAPERS" ON SO-AND-SO'S DESK.
WE SAID TO BRING US THE TRUCK BACK, THEY THEN TOLD US WE HAD TO PAY AN EXCESSIVE AMOUNT (MORE THEN WE COULD AFFORD TO GIVE THEM AT THAT TIME) OF MONEY TO HAVE IT "SENT" BACK TO US (DELIVERY,TRANSPORTATION, & MILAGE CHARGES TO US SOUNDED LIKE THEY WERE "TRIPLE" BILLING US.)
THEN TO ADD SALT TO A FRESH WOUND THEY NOT ONLY PUT 1 REPO. ON OUR CREDIT, BUT THEY PUT 1 ON FOR "OLYMPIC"; & 2 ON FOR THEMSELVES. THREE REPOS., 1 TRUCK...HOW'S THAT FOR "SCREW-YOU-OVER"????
SIGNED: SCREWED UP CREDIT FOR LIFE
CHRISTINE
WHITEWATER, WISCONSIN
2 Updates & Rebuttals
bocaj
Eden Prairie,Minnesota,
Credit Report Scam
#2UPDATE Employee
Sun, September 22, 2002
Because the company name changed, and a acct is being reported to the credit bureau, in most instances the credit bureau (Eqifax, TRW & trans union-we report to all 3) will take this as a seperate account it is simply a coding error. All you have to do is disput the double or triple posted acct with your credit bureau. Don't be a moron. Your real problem was with insurance and not being able to get them to process the checks in time. Whate do you excpect a company to do? You signed a collateral loan, and payments were not being received, so no pay no car. Pretty simple huh?
John
Tampa,Florida,
SUE THE BASTARDS!!
#3Consumer Suggestion
Thu, February 21, 2002
These assholes have violated Federal Law by reporting three repo's on one vehicle. Sue them for all monies that you or your insurance provider paid these scumbags and for punitive damages as well. Don't know if you will have any recourse in getting the repo removed from your credit file but, it MUST be removed after 7 years unless the creditor reinstates it. Find yourself a legbiter (lawyer) that will work on a contingency basis ONLY. In other words, if he doesn't win, you don't pay. If you can document what you are saying here, you should not have any problem winning a judgement against these thieves. Good luck and keep us posted!! Larry Tampa, FL
