Glopez
Hamburg,#2Author of original report
Sun, April 21, 2013
I was honest and said my credit was bad .I just find it an abuse to charge that type of interest to anyone .Yes we should be held responsible for our financial obligations, but abusive rates such as this are uncalled for.So yes, I am restating Glassman Automotive Group abuses people with poor credit.
coast
#3Consumer Comment
Sun, April 21, 2013
"these thieves locked me in to a 73 month 19.5 % interest rate"
A high interest rate does not constitute a rip-off. You agreed to the terms of the contract.
Your credit was poor because you failed to honor previous financial agreements. You should have agreed to a 60-month or less contract but you elected to a longer term because you wanted lower monthly payments. That always results in a greater payoff amount.
It is not a rip-off unless the dealer failed to honor the agreement.