- Report: #1153375
Complaint Review: Security FInance - Nationwide
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Author Not Confirmed
Why?
Security FInance
Nationwide, USA
Web:
www.security-finance.com
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Security FInance DO NOT GET A LOAN AT SECURITY FINANCE Lincoln Nationwide
This company is a loan company and while contracts are completed (And very complicated, they fail to honestly show information of how the loan/interest/chargers are computed. Even the management staff does not know much about them. What I do know is that the loan company charges ALL interest as a finance charge billed within the first 3 months of an 18 month loan. There loan paperwork is very misleading as there is no "Early payoff" penalty.
You get billed all charges within the first 3 months charging basically 200% interest for 3 months and no additional interest for the following 15 months. This is a deceitful loan practice out to get people in need of short term money and even paying the loan off after a few months, they have already made all of their "Interest" for the entire loan.
