• Report: #66831

Complaint Review: Citifinancial Services

  • Submitted: Thu, September 11, 2003
  • Updated: Thu, September 11, 2003

  • Reported By:Philadelphia Pennsylvania
Citifinancial Services
1900 Grant Avenue Philadelphia, Pennsylvania U.S.A.

Citifinancial Services they will kill your credit rating with incorrect original loan amount Philadelphia Pennsylvania

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My original loan amount was $7,500.00 - I got my first coupon to make my first payment and they added the amount of the finance charges to my original loan amount so that it looks like I borrowed an extraordinary amount of money.

This not only shows up on my monthly statement, it shows up on my credit report. No other creditor will touch me....it LOOKS like I borrowed 2 times the amount that I originally borrow. When I attempt to obtain another creditor so that I can pay off the loan sharks - they see how much I owe Citifinancial and they deny me....When I call Citifinancial to reduce my 25% finance charge they refuse to.

This should be against the law! When I first got the loan, I was in a financial bind - I am going to tell everyone that I can - not TOUCH Citifinancial. I was lucky enough to finally get a loan so that I can get rid of this credit card - but not before I make a fuss.

Philadelphia, Pennsylvania

This report was posted on Ripoff Report on 09/11/2003 12:19 PM and is a permanent record located here: http://www.ripoffreport.com/r/Citifinancial-Services/Philadelphia-Pennsylvania-19115/Citifinancial-Services-they-will-kill-your-credit-rating-with-incorrect-original-loan-amou-66831. 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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