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  • Report:  #120355

Complaint Review: Transouth - Arcadia Financial - South Hackensack New Jersey

Reported By:
- Norcross, Georgia,
Submitted:
Updated:

Transouth - Arcadia Financial
P.O. Box 8021 South Hackensack, 07606-8021 New Jersey, U.S.A.
Phone:
888-433-5109 x43662
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
My car loan is scheduled to be paid off in April of 2005. As of Oct. 2004 I was notified my balance is 6,100.00 dollars on a 400.00 dollar a month loan (19.5% interest)? I have insisted on an audit of the account several times, but can not get anyone to help me. I did extend 5 of my loan payments over 4 1/2 years of a 5 yr loan. I did not have simple interest. I have rule of 78 were the interest is paid at the beginning of the loan. Today I was told by Transouth the loan was accuring interest daily. I did not understand why, and could not get a satisfactory answer.

Darrell

Norcross, Georgia
U.S.A.


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