I purchased a car back in 1999 in Brandon, FL from Arcadia Financial. The car was repossessed voluntarily in October 1999 due to the extreme payments. I contact the company for 2 years straight for the balance, they told me to wait and I will be contacted by a collection agency.
Months went by and I recieved nothing. I continued to call, and I spoke with the most rudest people in the world. One rep told me that I owed nothing, and then I finally recieved something in the mail from an collection agency who offered to settle the debt for $2500.00, and explained that I did not have that amount, but that I could pay half now, and make payments on the rest. Arcadia declined the offer, and they stated that I had 2 days to come up with it, or the balance would go back up to $5,000.00.
I borrowed money from everyone, and I finally had the money. I contacted the agency, and they stated that my account has been pulled by Arcadia, and they could not take my payment. Back to square one. I contacted Arcadia, and they did not acknowledge any settlement that they offered. They demanded the balance in full. I offered the payment that I had, and to make payments on the balance. They refused. I sent the payment anyway, and they cashed the check, but they refuse to acknowledge the payment on my account. I moved from Tampa to St. Pete, and I have sent them change of address info.
I recently found out that they are now with Transouth Financial, so I contacted them to found out something about this debt that I owe. I was told to call back the next day, because they are closed. I called back this passed Saturday, and was told that they have given my account to another collection agency called American Coradious. I contacted them, and they have a settlement of $2,311.50 for the account.
I have until Thursday to comply. If I do not comply by Thursday then I will owe for the collection agency fees, the interest incurred, and legal fees, because now they plan to take me to court. Now the balance is over $9,000.00. This is truly a rip off. I am going to fight this tooth and nail, if there are any pending lawsuits please add me to the list.
Thanks for listening.
Saint Petersburg, Florida