ED Magedson – Founder
YKS Acceptance2563 W 28th St Greeley, Colorado USA
YKS Acceptance Horrible company! No ethics at all! Greeley Colorado
This horrible company is taking advantage of the common consumer. First of all THEY tell YOU what car you can afford. They will only allow you to look at what they feel you can afford to pay for. Then they won't tell you cost of the vehicle until after you've been allowed to drive it (in my case) for a weekend. Then they still won't tell you the cost of the vehicle until after their loan company has already done the paperwork for your loan. Then they ask how often you get paid and set your payments up to your pay schedule instead of monthly like any other loan company. They rush through the financing paperwork so that you don't have the time to question the cost of the vehicle until after they've already gotten your signature. The cars/trucks/SUVs they have on their lot is marked up at least 60% of KBB (in my case) and with their finance charge they will end up with almost double the value of the vehicle! They have a very bad customer service ethic and try and scam as many people as they can get away with. I can't even get my bank to do a refinance on the loan because it's so far under "water" even after paying on it for a year. That is totally wrong. I understand that buy-here-pay-here companies need to make money but why should the consumer pay for those that don't make their car payments? It's not the consumer's fault nor should we pay the cost for other.
This report was posted on Ripoff Report on 06/07/2013 12:23 PM and is a permanent record located here: http://www.ripoffreport.com/r/YKS-Acceptance/Greeley-Colorado-80634/YKS-Acceptance-Horrible-company-No-ethics-at-all-Greeley-Colorado-1057271. 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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