- Report: #207368
Report - Rebuttal - Arbitrate
Complaint Review: JD Byrider, CNAC Finance, MVP Finance
JD Byrider, CNAC Finance, MVP Finance1525 Gallatin Road Madison, Tennessee U.S.A.
JD Byrider, CNAC Finance, MVP Finance ripoff dishonest financing Madison Tennessee
*UPDATE EX-employee responds: CNAC is owned by JD Byrider That is how they sucker you
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The loan company that began my loan, CNAC was not hard to deal with, however--within a few months, the car lot 'closed its doors', and then a new finance company began contacting me about 'facilitating the old JD Byrider accounts purchased from CNAC.'
MVP Finance first of all, cannot keep records---as I am repeatedly having to 'catch my account up'--no matter how many payments I have on record--I always seem to owe more. Whenever I call for a payoff balance on the account, its more than the time before. Yet, they have the audacity to threaten taking my vehicle away.
I dont understand their tactics, but I am sure that with all the loopholes out there--they can find a way to tell you what they are doing is legal. I have already paid three times more than the book value on this vehicle, and according to them, I still have 13 months more to pay.
If you ever even consider purchasing a vehicle form this place--PLEASE think again. Dont get caught in what I and so many others have been suckered into.
Mount Juliet, Tennessee
This report was posted on Ripoff Report on 08/22/2006 02:34 PM and is a permanent record located here: http://www.ripoffreport.com/r/JD-Byrider-CNAC-Finance-MVP-Finance/Madison-Tennessee-37115/JD-Byrider-CNAC-Finance-MVP-Finance-ripoff-dishonest-financing-Madison-Tennessee-207368. 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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