Triad Financial - Road Loans Ripoff unfair lending ruthless-will ruin your credit Huntington Beach California

The OP was subprime before this loan because the OP made their own reputation for not paying their payments on time. Now into this loan, true to form and just like clockwork, the OP continues to live up to that reputation. Not only that, the OP quite obviously does not understand finance. So OP why don't you take your case to an attorney? If you find one will stop laughing, maybe he/she will in very simple grade school English will explain all about the world of finance to you. Some subprime buyers learn their lesson and actually improve their credit reputation. All to often however, the typical case is they stay subprime for life and blame everybody else. So you see...being subprime in many cases means having a subprime welfare type mentality.

Do yourself a favor and learn about business ethics or just Moral obligation 

I am glad there was somebody smart and brave enough to write that rebuttal.

I have been a Banker for along time working for Citibank, Wellsfargo and Bank of the West and the 

business practice that Roadloans or Santander group are using are the same tactics these banks 

use. Wellsfargo just got out of a class action lawsuit and BOA still in theirs. 

I came to this website after hearing about its association with Banco Santander. A bank whose stock I own and will think about selling. This association with him will blow up in there face..

Go Dolfins13

 Yes a contract is a contract, but if that is so then why does Triad (Road Loans) not follow the same rules? Just because someone has signed a contract, does not make it right. Maybe we should look at the moral inplications first. We would have to do a lot more investigation to see if she had been harmed, but you might want to look at all the complaints against this company before you defend them with she did it to her self because she signed a contract,

I will be more than happy to have YOU sign a contract and then I will not follow my end of the deal and when you complain, remember YOU signed a contract so it most be a deal.

No one put a gun to the OP's head and forced them to sign. Once the contract is signed, there is no queston as to what the buyer's responsibilities are. The other contentions are just superfluous. If the terms of the contract were not clear enough, or if she did not understand what she was signing, she should've never signed the contract. There is no question that this is probably a company that nobody with other options should choose to do business with. However, that does not mitigate the ramifications of a signed contract.


Banker John

In response to your rebuttal to the person above you. She did not do it to herself as you suggest.

There are many examples of Triads unethical practice of recieving payment, and the actions they take after they recieve them.

Triad routinely was purposely not recording payments on vehicles, and then tacked on late payment fees or higher interest and immediately reporting an unjustified late payment to the credit agency.

Triad has also been known to illegally repo cars to intimidate people into making payments. They also have done things like accepting full payment on vehicles, and then repo the car later stating there were other charges due.

This is after the person recieves from Triad a letter that states that they have accepted the payment as in full and with no outstanding balance.

Your claim that she did it herself is without sufficient evidence. Triad is an unethical finance company that lures people in with the claim of easy financing, and affordable rates for people with credit problems.

They literally and out right lie to unsuspecting consumers. I have done an investigation into the company and have found just in this city alone that there is as high as a 30-40% repo rate on vehicles financed through these people routinely.

Their conditions of payments under the contract are often myered in legal babble no one can understand at the time they are pressured in to purchasing the vehicle.

They are literally counting on the fact that no one reads the small print or any of the sections of the contract that stipulate specifivities of payment and late or non-payment.

Your claim to the above person is without merit, and not backed up by anything other than she signed the contract. That does not mean she wasn't, coersed into siging the contract before she was able to understand the entire terms of the contract.

That is the norm for high pressure car sales people. They employ tactics of distraction, and intimidation by way of the presence of the sales persons often domineering attitude.

They create atmospheres of anxiety by pretending to cut the potential buyer a break on the deal. And they rip through the general conditions of making the payments without alerting the potential buyer to the terms they're subject to if they are late or miss a payment.

So you walk out the door thinking you got a good deal until the first payment comes, with the previously not mentioned finance charge that is usually higher than the payment agreed to at the time of purchase.

Until you can substantially prove these things to be false your comments are without proof and sound more like a Triad employee who knows all of the above and is attempting to shift the blame to the consumer.

In response to your rebuttal to the person above you. She did not do it to herself as you suggest.

There are many examples of Triads unethical practice of recieving payment, and the actions they take after they recieve them.

Triad routinely was purposely not recording payments on vehicles, and then tacked on late payment fees or higher interest and immediately reporting an unjustified late payment to the credit agency.

Triad has also been known to illegally repo cars to intimidate people into making payments. They also have done things like accepting full payment on vehicles, and then repo the car later stating there were other charges due.

This is after the person recieves from Triad a letter that states that they have accepted the payment as in full and with no outstanding balance.

Your claim that she did it herself is without sufficient evidence. Triad is an unethical finance company that lures people in with the claim of easy financing, and affordable rates for people with credit problems.

They literally and out right lie to unsuspecting consumers. I have done an investigation into the company and have found just in this city alone that there is as high as a 30-40% repo rate on vehicles financed through these people routinely.

Their conditions of payments under the contract are often myered in legal babble no one can understand at the time they are pressured in to purchasing the vehicle.

They are literally counting on the fact that no one reads the small print or any of the sections of the contract that stipulate specifivities of payment and late or non-payment.

Your claim to the above person is without merit, and not backed up by anything other than she signed the contract. That does not mean she wasn't, coersed into siging the contract before she was able to understand the entire terms of the contract.

That is the norm for high pressure car sales people. They employ tactics of distraction, and intimidation by way of the presence of the sales persons often domineering attitude.

They create atmospheres of anxiety by pretending to cut the potential buyer a break on the deal. And they rip through the general conditions of making the payments without alerting the potential buyer to the terms they're subject to if they are late or miss a payment.

So you walk out the door thinking you got a good deal until the first payment comes, with the previously not mentioned finance charge that is usually higher than the payment agreed to at the time of purchase.

Until you can substantially prove these things to be false your comments are without proof and sound more like a Triad employee who knows all of the above and is attempting to shift the blame to the consumer.

In response to your rebuttal to the person above you. She did not do it to herself as you suggest.

There are many examples of Triads unethical practice of recieving payment, and the actions they take after they recieve them.

Triad routinely was purposely not recording payments on vehicles, and then tacked on late payment fees or higher interest and immediately reporting an unjustified late payment to the credit agency.

Triad has also been known to illegally repo cars to intimidate people into making payments. They also have done things like accepting full payment on vehicles, and then repo the car later stating there were other charges due.

This is after the person recieves from Triad a letter that states that they have accepted the payment as in full and with no outstanding balance.

Your claim that she did it herself is without sufficient evidence. Triad is an unethical finance company that lures people in with the claim of easy financing, and affordable rates for people with credit problems.

They literally and out right lie to unsuspecting consumers. I have done an investigation into the company and have found just in this city alone that there is as high as a 30-40% repo rate on vehicles financed through these people routinely.

Their conditions of payments under the contract are often myered in legal babble no one can understand at the time they are pressured in to purchasing the vehicle.

They are literally counting on the fact that no one reads the small print or any of the sections of the contract that stipulate specifivities of payment and late or non-payment.

Your claim to the above person is without merit, and not backed up by anything other than she signed the contract. That does not mean she wasn't, coersed into siging the contract before she was able to understand the entire terms of the contract.

That is the norm for high pressure car sales people. They employ tactics of distraction, and intimidation by way of the presence of the sales persons often domineering attitude.

They create atmospheres of anxiety by pretending to cut the potential buyer a break on the deal. And they rip through the general conditions of making the payments without alerting the potential buyer to the terms they're subject to if they are late or miss a payment.

So you walk out the door thinking you got a good deal until the first payment comes, with the previously not mentioned finance charge that is usually higher than the payment agreed to at the time of purchase.

Until you can substantially prove these things to be false your comments are without proof and sound more like a Triad employee who knows all of the above and is attempting to shift the blame to the consumer.

1) You signed a contract and failed to perform. Regardless of the terms or the attitude of the lender, a deal is a deal.
2) If you were forced to seek financing through Triad at their rates, obviously your credit was less than stellar to begin with. Even so, they are just reporting the facts-you failed to honor the contract and the vehicle was repossessed.
3) As far as the deficiency balance is concerned, look at your contract. They are entitled to collect it as well as all costs associated with the recovery of the vehicle, the sale of the vehicle, and collection of the deficiency including court costs and attorney fees. Your best hope at this point is to try to negotiate a settlement, but understand that they are under no obligation to accept less that the total amount due them.


Banker John