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  • Report:  #60511

Complaint Review: Arcadia Financial Transsouth - Carol Stream Illinois

Reported By:
- columbia, South Carolina,
Submitted:
Updated:

Arcadia Financial Transsouth
P.o. Box 600 Carol Stream, 60197-6001 Illinois, U.S.A.
Phone:
803-252-8261
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
My wife and I bought a car from Galeana Chrysler car dealership in Columbia, SC. The dealership set us up with this particular finance company who from the begining gave us nothing but problems.

They charged us 24.1% for financing. This is higher than the national average even for first time buyers. They have had a report done on them by the local tv station. Buyers beware.

Nakia

columbia, South Carolina
U.S.A.


4 Updates & Rebuttals

Sam

Charlotte,
North Carolina,
U.S.A.
A wise man wins with facts and not by arguing the mistake.

#2Consumer Suggestion

Fri, June 13, 2003

The more I read about this company the more I feel bad for them to finance cars to people like you. Why do you complain about your interest rate? Let me give you 2 answers to this question: 1) You wanted the car and did not care about anything else at the moment including signing a 24.1% APR. 2) You dont know how to read. If you do not like the terms and conditions of something then you should be wise and don't get them under any circumstances. The interest rate you have is not Arcadias fault or the dealer. It is your fault. About the other person saying it was the dealer I would have to agree that they get a percentage of the loan, however if you do not like the rate why did you not apply online for a car loan avoiding the middleman? If you were able to find this site you should be well aware of a few million websites that can approve you for any type of credit. Last thing, when you finance a car all you have to do is to pay them back, what other services do you expect that you say that from day one are giving you problems? You choose the dealer, you choose the car, you get your copy of the contract at the dealer, you receive a copy of all documents you signed and I believe you even get the license plates at the dealer or in the mail. What do you expect? A wise man wins with facts and not by arguing the mistake.


The Great Thorn - Rip-off Report Consumer Advocate

Bayville,
New York,
U.S.A.
Nakia auto insider info your dealer would not want me to tell you.

#3Consumer Suggestion

Thu, June 12, 2003

Nakia The dealer bluffed you into signing a 24.1% car loan. I am sure that the dealer got you approved for a lower rate. They bluff you into signing the high loan rate. Then after you went home, the dealer got the bank to give what is called a "Buy Rate" that is lower then what is printed on your contract. In short, you agree to a high rate and the dealer gets you bought and a lower rate. Then the dealer scoops the difference. This is done all of the time nation wide. If you want to see how dirty a car dealer can be, call up your lender and ask for copies of all documentation that your dealer sent to the bank. Make sure that the bank sends you a copy of the credit application that you filled out at the dealer when you bought the car. Car dealers lie to banks all of the time. Now if you want to learn more about the auto industry go to the following web sites. Ask yourself one question after you check out the following web sites. The question you need to ask yourself is this. What product or service do they all sell to car dealers? Here is the list, Go to them ALL, OK? www.probac.com www.nationalautotraining.com www.appliedconcepts.net www.grantcardone.com www.davidlewis.com www.jeffsacksandassociates.com www.stukertraining.com www.paulcummings.com www.tewart.com www.joeverde.com www.biggross.com www.nationalautotraining.com www.fandiprofit.com www.carsalestraining.co.uk/preview.html www.autoscreeningtraining.com www.autosalestraining.com www.wwcsonline.com


The Great Thorn - Rip-off Report Consumer Advocate

Bayville,
New York,
U.S.A.
Nakia auto insider info your dealer would not want me to tell you.

#4Consumer Suggestion

Thu, June 12, 2003

Nakia The dealer bluffed you into signing a 24.1% car loan. I am sure that the dealer got you approved for a lower rate. They bluff you into signing the high loan rate. Then after you went home, the dealer got the bank to give what is called a "Buy Rate" that is lower then what is printed on your contract. In short, you agree to a high rate and the dealer gets you bought and a lower rate. Then the dealer scoops the difference. This is done all of the time nation wide. If you want to see how dirty a car dealer can be, call up your lender and ask for copies of all documentation that your dealer sent to the bank. Make sure that the bank sends you a copy of the credit application that you filled out at the dealer when you bought the car. Car dealers lie to banks all of the time. Now if you want to learn more about the auto industry go to the following web sites. Ask yourself one question after you check out the following web sites. The question you need to ask yourself is this. What product or service do they all sell to car dealers? Here is the list, Go to them ALL, OK? www.probac.com www.nationalautotraining.com www.appliedconcepts.net www.grantcardone.com www.davidlewis.com www.jeffsacksandassociates.com www.stukertraining.com www.paulcummings.com www.tewart.com www.joeverde.com www.biggross.com www.nationalautotraining.com www.fandiprofit.com www.carsalestraining.co.uk/preview.html www.autoscreeningtraining.com www.autosalestraining.com www.wwcsonline.com


The Great Thorn - Rip-off Report Consumer Advocate

Bayville,
New York,
U.S.A.
Nakia auto insider info your dealer would not want me to tell you.

#5Consumer Suggestion

Thu, June 12, 2003

Nakia The dealer bluffed you into signing a 24.1% car loan. I am sure that the dealer got you approved for a lower rate. They bluff you into signing the high loan rate. Then after you went home, the dealer got the bank to give what is called a "Buy Rate" that is lower then what is printed on your contract. In short, you agree to a high rate and the dealer gets you bought and a lower rate. Then the dealer scoops the difference. This is done all of the time nation wide. If you want to see how dirty a car dealer can be, call up your lender and ask for copies of all documentation that your dealer sent to the bank. Make sure that the bank sends you a copy of the credit application that you filled out at the dealer when you bought the car. Car dealers lie to banks all of the time. Now if you want to learn more about the auto industry go to the following web sites. Ask yourself one question after you check out the following web sites. The question you need to ask yourself is this. What product or service do they all sell to car dealers? Here is the list, Go to them ALL, OK? www.probac.com www.nationalautotraining.com www.appliedconcepts.net www.grantcardone.com www.davidlewis.com www.jeffsacksandassociates.com www.stukertraining.com www.paulcummings.com www.tewart.com www.joeverde.com www.biggross.com www.nationalautotraining.com www.fandiprofit.com www.carsalestraining.co.uk/preview.html www.autoscreeningtraining.com www.autosalestraining.com www.wwcsonline.com

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