Loan Payment Calculation
Amount Borrowed
95,500.00
Annual Interest Rate
Number of Payments per Year
12
Amortization Period in Years
5
Payment Amount
2,530.00
First Year to Display
1
Last Year to Display
1
Annual Interest Rate (%) is ........
19.997
Principal
95,500.00
Interest Paid
56,301.11
Total Repaid
151,801.11
I finally lost the truck and found a day job to try and pay for the 35,000 dollars that I poured into this venture.
If there is anybody out there that has had similar or opposite experiences please comment.
I am working on a website that will discuss this company and others like it in more detail.
anonymous
Toronto,#2Consumer Comment
Thu, July 10, 2014
Hello, willing to talk, the same ordeal happened to me I was scamed by this company a couple years ago. I'm currently talking to a lawyer and he advised me to get in contact with anybody else this has happened too. We need to do something about this company. Please get in touch, it could also help you out as well. Here's my email address (((REDACTED)))
ruined financially
toronto,#3UPDATE EX-employee responds
Sat, December 01, 2012
Hey please contact me when you can. I e mailed you earlier to discuss possible action against DTG.
Scamed by DTG in ON
Toronto,#4Consumer Comment
Fri, November 30, 2012
I was also scamed big time by this and lost tones of money.... I am actually trying to gather information to see how our cases are similar so that we can do something about it. When i read the original report I felt like someone was posting my own story, exact same details. If someone if willing to speak about the experience and "compare notes" in contemplation for a possible legal action, drop me a line with contact info at [email protected]. Particularly interested in getting in touch with whoever posted the original post.
Thanks!
Jupiter Jones
United States of America#5Consumer Comment
Wed, July 18, 2012
I responded to the same type of ad that the original poster did. I thought the same thing; it's hard and unglamourous work, but if I can make a decent buck for my family, I was willing to give it a shot.
The company was called Ammex this time, and I had a meeting with Jean St-Gelais, Denis' father. He spoke very reassuringly, and seemed to have my best interests at heart. The pitch described in the original post is word-for-word the same pitch he tried to sell me. He took all my information, did a credit check, and advised me to cash in my RRSP for the downpayment because, as he said, "They don't earn much money."
Thinking it sounded too good to be true, I hit the internet. As soon as I Googled this guy's name, I got the whole story. Fortunately, I found out before any money changed hands.
He told me he'd been a trucker for 30 years, but I found that not to be the case. Well, at least he would've had to take a break while he served 10 years in a U.S. prison for fraud in the 80's. He's probably never even driven a truck.
This guy is the worst type of parasite, who wants to defraud desperate people out of their last dollar. There's a special place in h-e-double-hockey-sticks for people like him, and I hope he gets there sooner rather than later.
The above rebuttal to the original story is obviously fake, it doesn't really even make sense.
Disappointed Father
Vienna,#6UPDATE Employee
Sun, July 18, 2010
I would like to dismiss the complaint posted with the above caption as this was filed erroneously by my son who had nothing to do with this business venture. These accusations are false and misleading, as well as damaging to the company and individual who went out of their way to help me start a business in the trucking industry.
I personally and exclusively entered into an agreement with DTG with the intention of starting my own business and having my son act as the driver of the vehicle. My son was not part of that agreement. The first carrier that I was placed with did not work out so DTG placed me with a different carrier. After a few months my son, acting as driver, found a carrier on his own. He did not ask DTG's advice nor was DTG aware of the change in carrier.
From the onset it was made clear to me that the earning potential and the successful operation of my business was totally dependant upon my efforts. DTG had no control over the success or failure of my business but would work diligently with me to ensure its success if that was my goal. They have always been straight forward and hones with respect to what it would take to succeed in this industry.
Rather than blaming a third party for our failure, both my son and I have to take responsibility, to do anything less would be irresponsible and dishonest.
Father of "Willing To Talk (Aylmer, Ontario)"