- Report: #453550
Report - Rebuttal - Arbitrate
Complaint Review: Direct Capital Corp.
Direct Capital Corp.155 Commerce Way Portsmouth, New Hampshire U.S.A.
Direct Capital Corp. Misleading contract-12 monthly payments become 13 with hidden "interim rent" charge Portsmouth New Hampshire
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I did not notice this until I got my final invoice today, which is to be auto withdrawn from my checking acct. on June 7, 2009. When I added up all the payments and charges, I am paying more than 13% interest on a loan that initially was promised at less than 8%. I called them and they gave me the tired old line that this is stated in the contract- in words no one could comprehend. Their contract also states "You waive your rights to a JURY TRIAL. Gee, wonder why that could be. Because any jury will see these folks for the liars and cheats that they are. I have asked bank to not authorize this last payment and will see what these liars do. Problem: they are lienholder on truck.
This report was posted on Ripoff Report on 05/19/2009 10:13 PM and is a permanent record located here: http://www.ripoffreport.com/r/Direct-Capital-Corp/Portsmouth-New-Hampshire/Direct-Capital-Corp-Misleading-contract-12-monthly-payments-become-13-with-hidden-interi-453550. 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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