Consumer reviews and reports on scam companies, bad products and services
Citifinancial Auto
citifinancial Auto Arcadia Financial Over charged for finance cherges and interest fort Worth, Texas
11th of Jan, 2011 by User351605
On 02/02/05 I opened an account with Arcadia Financial Ltd to buy a 2002 Ford F150. It was sold to me for $19460.00. The finance charge was $133377.04 with a 18.75% rate. On my contract it states that I will totle out paying $33973.24 for a Ford truck at 72 payments. It is 1/12/2011 and they have sold my account my account twice since then. I was with Citfinancial Auto and now just last month they sold my account to Santander Consumer. They told me I still owe $6200.00. as of today. I have my history of payment and know that on alot of the payments it showed that I paid 456.07 and 439.85 was applied to just the interest and 16.22 applied to the loan. SOMETHING NEED TO BE DONE WITH THIS TYPE OF scam THAT GOING ON. LETS FILE A CLASS ACTION !!!!!!!!!!ASAP

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