- Report: #45719
Report - Rebuttal - Arbitrate
Complaint Review: Arcadia Financial LTD
Arcadia Financial LTDP.O. Box4367 Carol Stream, Illinois U.S.A.
Arcadia Financial LTD ripoff Carol Stream Illinois
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I was very mis-informed of how much they were charging for interest.I was told that this was a 48 month contract.
After the insurance paid off the "blue book value" of this car, I still owed $3,000.00 to clear the loan. I think that they should have took the pay-off as payment in full considering the 20.2% interest rate they charged.
I would have paid $19,370.00 for a vehicle worth $10,000.00
This should be againest the law.
This report was posted on Ripoff Report on 02/17/2003 12:26 PM and is a permanent record located here: http://www.ripoffreport.com/r/Arcadia-Financial-LTD/Carol-Stream-Illinois-60197/Arcadia-Financial-LTD-ripoff-Carol-Stream-Illinois-45719. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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