Aqua Finance ripoff scam crooks harrasment calls Chicago Illinois

I could have written this report EXACTLY as the original poster.  Except, I cannot pay off more than double of what the original amount was.  In contrast to what the vice president of Aqua Finance claims, I can provide proof that all of my monies went to interest.  They also remodified my loan without my consent or knowledge or signature.  Now I owe them a lot of money and it's scarring my credit report and making it difficult to purchase a home. 

Aqua Finance has been in business for 20 years providing financing products for consumers to purchase a variety of products. All of our loans have the terms and conditions of the lending contract fully disclosed.

Keep in mind that all lending companies have strict standards on a state and national level as to disclosing the terms of a loan, which Aqua Finance complies with. The figures that this cusotmer gives are not true. They would equal around 100% interest per year. Which is not what we charge.

I would challenge this customer to prove that he paid 4800 dollars of interest in 8 months on 4950 loan. Also I would challenge this customer to prove that what he actually did pay in interest was any other amount then what the terms of the loan, that he signed, directed.

We do contact customers that fall past due on their account. This helps customers to avoid future late charges and we attempt to work with them if a financial hardship occurs in their life.

My suggestion to all consumers is that no matter what type of an agreement they wish to enter into that they always fully read it and understand it, before signing it. That way they will know the exact cost of the agreement that they are entering into.

H. Kohn
Vice President
Aqua Finance, Inc