- Report: #209705
Complaint Review: Triad Financial - Huntington Beach California
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Author Confirmed
Why?
Triad Financial
P.O.Box 3299 Huntington Beach, 92605-3299 California, U.S.A.
Phone:
800-879-9756
Web:
N/A
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
Triad Financial Is trying to get more money then in the contract I signed Ripoff Huntington Beach California
After reading all the reports I am astonish of how many people share the same feelings I do about this company. My story starts out as having filed a bankruptcy just before I bought this car. When I signed the contract I new that I was getting screwed with a 20% interest. I thought I had no choice at the time. I needed a car.
Well the first few years were rough and I had some four late payments not more than 30 days. Also when the car broke down I defered payment till the end so I could fix the car instead. I did that three times. The last couple years I have been doing better paying my bills on time. I havent paid Triad late for over two years.
I was feeling pretty good that my loan would be finished in Oct. (This counts the added on 3 defered payments). When I checked the pay off amount for the loan it had an extra $1200 added on to the loan. I called and tryed to get an explenation. When I did they told me that because I had late payments that they look more of the payments and put it more toward the interest of the loan. WOW!!! I thought I was getting screwed with the already high interest rate. Now they want more. I thought that if you have a fixed interest rate contract that they could only take the contracted interest and no more. As for the late payments they charged a late fee, and it was paid. That should be the end of it.
I was vulnerable at the beginning and got the high interest rate, but I think I am being ripped off in the end by them taking too much interest than they should be legally able to take.
Andrew
Renton, Washington
U.S.A.
Well the first few years were rough and I had some four late payments not more than 30 days. Also when the car broke down I defered payment till the end so I could fix the car instead. I did that three times. The last couple years I have been doing better paying my bills on time. I havent paid Triad late for over two years.
I was feeling pretty good that my loan would be finished in Oct. (This counts the added on 3 defered payments). When I checked the pay off amount for the loan it had an extra $1200 added on to the loan. I called and tryed to get an explenation. When I did they told me that because I had late payments that they look more of the payments and put it more toward the interest of the loan. WOW!!! I thought I was getting screwed with the already high interest rate. Now they want more. I thought that if you have a fixed interest rate contract that they could only take the contracted interest and no more. As for the late payments they charged a late fee, and it was paid. That should be the end of it.
I was vulnerable at the beginning and got the high interest rate, but I think I am being ripped off in the end by them taking too much interest than they should be legally able to take.
Andrew
Renton, Washington
U.S.A.
