ED Magedson – Founder
coastal credit llc2282 Rosa l parks blvd nashville, Tennessee USA
coastal credit llc interest paying is 35% on average. the loan document I signed says 21.95% is there anything I can do? my vehicle should have already been paid nashville Tennessee
I didn't have very good credit. My dad got a loan for my car...my name is not on it but I am the one who makes payments. I have been paying additional to try and get it paid off. My dad got a statement to me and after looking at the interest charges I noticed that every month the interest was different...one month it was 76% the next it was 53% 27% 38% every month its different. It says on the statement its "rate 21.95" "Apr 21.95" but on average since 1/6/12 its been 35% I have been paying interest. That have charged me many NSF fees when I made payment over phone and i have proof from my bank statements. It sucks seeing $350,payment and only $89 goes to principle. What can I do?
This report was posted on Ripoff Report on 07/22/2014 08:16 PM and is a permanent record located here: http://www.ripoffreport.com/r/coastal-credit-llc/nashville-Tennessee-37228/coastal-credit-llc-interest-paying-is-35-on-average-the-loan-document-I-signed-says-21-1164226. 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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