• Report: #995110

Complaint Review: BHM Financial Group

  • Submitted: Fri, January 11, 2013
  • Updated: Fri, January 11, 2013

  • Reported By: NotaBHMFan — Toronto Ontario Canada
BHM Financial Group
1090 Avenue Pratt Montreal, Quebec Canada
  • Phone: 8777871682
  • Web:
  • Category: Loans

BHM Financial Group - Don't do this! Montreal, Quebec Canada

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My advise to you is to never use this company.  I went to them at a time of need and now I am worse off then I was in the first place.   The company advertises "fast & easy, bad credit loans," a loan which is a lean on your car, which is fine.  The part that sucks, is the interest they charge is over 80% or more! I took a loan of $9,400 and after eight payments of $485.72 I owe the company $9,602.07 

I can not believe that I paid them over $3,000 and I still owe them $200 more than the original loan was worth! Today I asked them for a complete break down of my payments.  Want goes to my principal vs. their interest.  This is the worse situation I have ever been in and I blame myself for getting to this point, however, the company is taking advantage of desperate people at a crazy rate interest and below should not be dealing with them in general.  I am today looking for a way to get out of this so I don't pay them $15,000 on a $9000 loan over three years. 

I promise I will never get to this place again, however, I will never recommend and hope you think twice about using this company.  They are robbing you!

This report was posted on Ripoff Report on 01/11/2013 10:19 AM and is a permanent record located here: http://www.ripoffreport.com/r/BHM-Financial-Group/Montreal-Quebec-H2C2V2/BHM-Financial-Group-Dont-do-this-Montreal-Quebec-Canada-995110. 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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