AMERICREDIT Honestly, Don't bother doing business with them! Big Rip Across the Board. Internet

JIM MUST WORK  FOR ALOT OF THESE RIP-OFF COMPANIES OR GETTING PAID TO COME UP WITH STUPID REASONS DEALING WITH BAD CREDIT. GET ANOTHER JOB "JIM"""""""

READ WHAT HIS REBUTTAL WAS TO MY CASE ABOUT CITIFINANCIAL AUTO 

Jim,

I do not have a loan with this company, but I can tell you as an employer of a man who does have a car loan with this company, you are dead wrong on your assumption people don't pay their bills on time and they chose to have this company for their car loan when they could have walked away.

The gentleman who works for our company did not chose this company, they bought his loan from another company. Next, he had been paying the previous company weekly whereas Americredit refused to except weekly payments but did not inform him of this until 2 months after they had bought his loan with a letter and 7 of the checks being mailed back to him. This put him in default with them right from the start. He attempted to mail them one check for the amount of the two full payments, but they stated due to the fact that he had made partial payments that were not excepted by their company he now had $108.69 late fees and penalties that would also have to be paid to bring him current.

They immediately started reporting him to all 3 credit reports as 90 days late. I helped him by requesting a detailed payment history. When they finally provided their records, it showed him 31 days late ONCE, 28 days late, every other payment have been paid within 2 days of his payment date. 

What is the most amazing is that the money is out of his bank a minimal 3 days before this company credits his payments to his account. He may be an exception, but I am sure there are many others that are in his position. So to have people like you make generalized statements is both degrading and shows the ignorance of people like you in assuming all are irresponsible. 

Americredit is a subprime lender for people who cannot get financing from banks or other sources which require good credit.  Subprime financing incurs huge losses because subprime borrowers often stay subprime for their lifetime because paying their bills on time isn't a priority.  They made themselves subprime and cry and whine that its everybody's fault but their own.  Poor babies.

Nobody forces you to become subprime and nobody can force you to stay subprime.  Are there life circumstances which can cause someone to have temporary money problems?  Of course.  Can these problems push a prime customer into subprime status?  Absolutely.  However, the ADULT realizes their subprime status is ENTIRELY UNDER THEIR CONTROL...they pay those bills on time, everytime and over time, they and their integrity enable them to climb the ladder back into being a prime credit risk. 

Because subprime lending losses are so high, interest rates are correspondingly high.  Subprime lenders have heard all the excuses from people who don't pay their bills.  "Customer service" is NOT defined as "we will absolve you from making your payments on time."  It is interesting to note, the vast majority of complaints are from people who don't have the integrity to pay their bills on time. 

You're going to make them take a loss?  How do you intend to do that?  Do you think if you let them repo the car, you are off the hook?  Again, typical subprime thinking.

I feel certain you have the brains and the ability to get yourself out of subprime heaven.  Why not take those steps and make 2010 a major turning point in your life.