In the early part of 1996, I politely told Arcadia Financial that they could have there vehicle back due to the fact of their outrageous interest and payments on a so-so car. After I voluntarily took the car back to the dealership of their choice, I then proceeded to purchase a brand new vehicle from a different dealership.
After arguing with Arcadia that I was not going to pay them all the hidden extra fees and costs associated with the car being taken to auction,(after being charged $45.00 for an oil change and being told it was going to cost $1,500.00 in transport fees to the auction,this was almost as much as what I owed on the car - in the judicial system this is considered double jeopardy)it was left at that. If they wanted to fight me in court, so be it. In 1997 I filed Bankruptcy and included this so-called debt in my paperwork. They were given the opportunity to voice their opinion but didn't.
Now almost 6 years later, contemplating purchasing a vehicle, I run my credit report and not only has Arcadia Financial reported a "voluntary repossession" but have reported this taking place in July, 2001!!! After being denied credit, I ordered the full blown credit report from Equifax, Transunion and Experian showing my entire life history. Thinking I can simply make a call and get this straightened out. What a shock I got when after being on hold for at least 10 minutes with Arcadia Financial LTD., long distance, I barely got the words out of my mouth before I was transferred again to be put on hold. After another 10 minutes, a person finally gave me more than 2 seconds to explain what I wanted and I was told, "it's your credit report, you fix it, it's not our job to fix your credit report".
DO NOT EVEN ASSOCIATE YOURSELF WITH THIS COMPANY. THE ATTORNEY GENERAL AND SECRETARY OF STATE'S OFFICE AND WHOEVER ELSE I CAN FIND TO COMPLAIN TO, WILL BE NOTIFIED!!!