ED Magedson – Founder
UNIVERSITY KIA6519 University Dr NW, HUNTSVILLE, Alabama USA
UNIVERSITY KIA FALSIFYING LOAN DOCUMENTS HUNTSVILLE Alabama
I went with my daughter to trade in a White Hyundai Elantra and in doing so, the vehicle was supposed to been in her name,with me as a co-signer. However, when she went to have the car registered and insurance put in her name, they advised us she shouldn't have insurance and registration in her name that it should be in my name. After further investigation,we went to trade the vehicle to get another vehicle in solely her name, and in doing so, as she was paying for a vehicle and she wasn't getting the credit reported to the bureaus,and then we found out that the Kia Dealership, falsified loan documents using my credit score, her employer and income as my employer and income. I am on social security and retired and my social security is only $340.00 a month and the payment on the vehicle in question is $390.00 a month, clearly you can see you don't have to be a rocket scientist to do the math here. We also found out that the vehicle was $7000.00 in the red, the dealership we were trying to do business with pointed out several things on the contract, etc. I attempted to contact the dealership and they don't want to hear it , and basically said the gentlemen that financed the vehicle, is no longer employed with University Kia...with that being said..I wonder how many loans have been falsified.
This report was posted on Ripoff Report on 01/13/2014 08:53 AM and is a permanent record located here: http://www.ripoffreport.com/r/UNIVERSITY-KIA/HUNTSVILLE-Alabama-35806/UNIVERSITY-KIA-FALSIFYING-LOAN-DOCUMENTS-HUNTSVILLE-Alabama-1115092. 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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