ED Magedson – Founder
Service Credit union3003 Lafayette rd portsmouth, New Hampshire USA
Service Credit union Preferred financier of bad deals from NH auto dealers portsmouth New Hampshire
Service Credit Union is the major lender in deals brokered by the Autofair group of dealerships in Manchester,NH. In order to get financing from SErvice, the dealers make you sign a statement that you are joining Service Credit Union.
The Autofair Groups sales team frequently makes deal that will pose high risk to Service Credit Union and its members, often resulting in repossessions. My concern is not with Service itself but in its jeopardizing its financial health by supporting a dealer who is offering faulty cars or misrepresenting financing which will result in repos later, damaging credit union profitability and the debtor's credit
This report was posted on Ripoff Report on 07/11/2014 09:40 AM and is a permanent record located here: http://www.ripoffreport.com/r/Service-Credit-union/portsmouth-New-Hampshire-03801/Service-Credit-union-Preferred-financier-of-bad-deals-from-NH-auto-dealers-portsmouth-New-1161286. 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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