I have noticed something in common in most of the reports of the MONSTERS: most of us were young and female. That is not to say that these SLIMEBAGS are above ripping off any man, they just seem to prey on the less fortunate and definately more naive.
I was with my (ex-)fiance when we bought my nightmare. They were able to get me financed for a cute little 95 Kia Sephia without even taking my Pathfinder as a trade in. I thought "Hey this is cool!" Well little did I know that 29.9% was a ludicrous interest rate to pay. I had "bad credit" and that rate was "good for people with bad credit". (I was 20 years old, how bad could my credit have been?) I let them make me think I was doing a good thing for me and my 2 children.
Within that week the car broke down. I had no idea what was wrong with it. They told me that if I could get it to them they would "take a look at it". Well, in the middle of summer, in Las Vegas, it gets pretty hot. When the cooling unit on the car doesn't work, the engine gets REAL hot. Block by block I would pull over to let it cool. Finally got it there and they looked at it, overnight. When I picked it up, it was running again. I thanked them and went on my way.
Later that day the a/c unit went out. They told me not to even bring it in, they could not do anything about it. Luckily, a friend of a friend was a mechanic and got it fixed for me.
After that I did not have anything else go wrong with the car. I was happily paying through the nose for my payments ($380/mo), and my insurance. But, hey, my car ran. That was okay with me.
A few weeks later my soon to be ex-fiance went in with MY Pathfinder and traded it in for a truck. They never even got my signature or okay to use it as a trade in. He left me shortly after, with the truck. So they start calling ME everyday, hateful as ever. Where is he? What is his phone number? They never took into consideration that my soon to be husband has left me with 2 children and all the expenses. I managed to make all my payments and such.
About 6 months later I was driving up through California to see my family. I had both kids and a dog with me. Mind you this is a Kia Sephia. I hit a deer at 4 am, totaled the car. Mt Shasta was the nearest town.
I call the insurance company, (that I was also paying too much for). They said "Let's just get an insurance adjuster to look at it, and we should have you on your way." 2 weeks later they deemed it totaled. They told me I would be getting a check to cover everything.
WELL, because I was paying $9000 for a $3000 car, after what I had paid and what the insurance paid, I still had $4000 left on the car. They expected me to pay that. SINGLE, RECENTLY BEEN LEFT, and now UNEMPLOYED, they wanted me to pay them $3000 for a car that I would never see again.
Well, I moved out of state. And for the last 6 years they have been nothing more than a bad experience. One that I share with anyone I know trying to buy a car.
Last year Josh McHughes Law Firm in Little Rock Arkansas took over the account, (one of them anyway: there are like 3 on my credit report, for some reason). I now pay 22% of what I make a paycheck to a garnishment. Not to mention, I just had my third child 4 months ago. (Which some hateful monster at the Law Firm thought was soooo funny, when I pleaded with them to lower the amount.)
Anyone ready to file class action, I'm with it!
Las Vegas, Nevada