- Report: #417925
Complaint Review: Citifinancial Auto - Columbus Ohio
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Author Confirmed
Why?
Citifinancial Auto
P.O. Box 183036 Columbus, 43218-3036 Ohio, U.S.A.
Phone:
888-288-6601
Web:
N/A
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Citifinancial Auto Interest over charge and harrassment Columbus Ohio
I purchased an SUV Dec. of 2007 which was financed with Citifinancial-Auto, only to find out that almost all my monthly payments of nearly $600/mo x72 mos. is being taken for interest.
After 9 mos. of payments, $3,811 have applied to interest and only $1,207 have been applied to the balance.
When I called and inquired about this, I was told that for the first two years I would see little decrease in my balance because the company had to make their money.
If the payment hasn't arrived on or before the due date, they start calling the day after and call every day, somestimes two and three times/day until it arrives.
They will call Saturdays ,Sundays, Holidays 24hrs/day. I feel that not only am I being ripped off, but harrassed also.
Jeanette
Talladega, Alabama
U.S.A.
After 9 mos. of payments, $3,811 have applied to interest and only $1,207 have been applied to the balance.
When I called and inquired about this, I was told that for the first two years I would see little decrease in my balance because the company had to make their money.
If the payment hasn't arrived on or before the due date, they start calling the day after and call every day, somestimes two and three times/day until it arrives.
They will call Saturdays ,Sundays, Holidays 24hrs/day. I feel that not only am I being ripped off, but harrassed also.
Jeanette
Talladega, Alabama
U.S.A.
3 Updates & Rebuttals
Nikki
Coconut Creek,Florida,
U.S.A.
Have you looked up an amortization schedule?
#2Consumer Suggestion
Fri, January 30, 2009
Go online and find an amortization schedule, plug in the amounts and you will see where you should stand after 9 months. Remember, this only works if you have been ontime, to the day, every month. If you haven't, you will owe more.
Nikki
Coconut Creek,Florida,
U.S.A.
Have you looked up an amortization schedule?
#3Consumer Suggestion
Fri, January 30, 2009
Go online and find an amortization schedule, plug in the amounts and you will see where you should stand after 9 months. Remember, this only works if you have been ontime, to the day, every month. If you haven't, you will owe more.
Nikki
Coconut Creek,Florida,
U.S.A.
Have you looked up an amortization schedule?
#4Consumer Suggestion
Fri, January 30, 2009
Go online and find an amortization schedule, plug in the amounts and you will see where you should stand after 9 months. Remember, this only works if you have been ontime, to the day, every month. If you haven't, you will owe more.
