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  • Report: #469702

Complaint Review: HSBC AUTO FINANCE

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  • Submitted: Tuesday, July 14, 2009
  • Posted: Tuesday, July 14, 2009
  • Reported By:Fayetteville North Carolina
HSBC AUTO FINANCE
P.O. Box 5218 Carol Stream Illinois 60197-5218 U.S.A.

HSBC AUTO FINANCE I'm paying for a 15,600 dol car for 3 yrs and still owe 11,000 dol Carol Stream Illinois


1Author 0Consumer 0Employee/Owner

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I bought a 15,600 dol car in May 2006 at 18% because my credit was bad, it's over 3 years and I still owe 11,000 dol and its only suppose to be for 5 years.

I pay 360.00 a month, I've never been late or missed a payment and I've noticed that some months only 5.00 goes toward the principal and last month 17.00

went towards the principal. This is supppose to be a 5 year loan and I don't see how this car is going to be paid for in 5 years

Antoine
Fayetteville, North Carolina
U.S.A.

This report was posted on Ripoff Report on 7/14/2009 5:03:52 PM and is a permanent record located here: http://www.ripoffreport.com/auto-dealers/hsbc-auto-finance/hsbc-auto-finance-i-m-paying-f-w47be.htm.

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