- Report: #46528
Report - Rebuttal - Arbitrate
Complaint Review: Arcadia Financial LTD
Arcadia Financial LTD3151 S. Vaughn Way Ste 650 Aurora NC Charlotte, North Carolina U.S.A.
Arcadia Financial LTD rip-off Charlotte North Carolina
*UPDATE EX-employee responds: the managment is the biggest problem, they are racist, often given blacks and minorities higher interest rates and they never follow company policy
*Consumer Comment: A wrong assumption...
*Consumer Comment: Arcadia is a RIP OFF
*Consumer Comment: RE: DALISA LIES!!
*Consumer Comment: Dalisa lies! Arcadia abuses customers
*Consumer Comment: Arcadia Financial is not a RipOFF
I was told I needed to get my dad to co-sign with me, which he did not want to do but did so anyway because the dealer informed us he could be removed from the contract after 6 months. I was also told I did not have to pay for the month of February and payments would start in March. That worked out for me b/c I used all my money for the down payment and did not get paid until the end of March. WELL, come March 1st I had received a bill for February!! That should have been my cue to go ahead and turn the car back in.
After purchasing that car I've had nothing but trouble. I lost my job and when I informed Arcadia, they let me miss one month and after that told me to pay them the regular $251.48 and when I could not, they harrassed me, my sisters, my aunt, friends, neighbors, and my parents DEMANDING I pay them. I am finally getting on my feet again with another job and my boss has already gotten telephone calls from Arcadia wanting her address.
The car I have is garbage anyway. A police officer told me when he was trying to unlock my door, it looks like the car had been broken into, the door light stayed on until I put masking tape over the doors (3 of them), there is a small hole on the floor in the back behind the drivers seat. I had to get a new transmission, a new back bumper because I was in an accident. And the accident I had was b/c something is wrong with the gas pedal and I could not get out of the road soon enough.
For anyone who is trying to get a car and you are told you could only get financing thru Arcadia...go ELSEWHERE!!
Did I mention I owe about $7,000 on a $10,000 car the is only worth about $4,000 if that? Oh yeah, it's been about 3 years since the tape player worked....
Lillington, North Carolina
This report was posted on Ripoff Report on 02/22/2003 04:27 PM and is a permanent record located here: http://www.ripoffreport.com/r/Arcadia-Financial-LTD/Charlotte-North-Carolina/Arcadia-Financial-LTD-rip-off-Charlotte-North-Carolina-46528. 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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