• Report: #408285
Complaint Review:

American Investment Bank

  • Submitted: Mon, January 05, 2009
  • Updated: Mon, January 05, 2009

  • Reported By:genoa city Wisconsin
American Investment Bank
Salt Lake City, Utah U.S.A.

American Investment Bank illegal and fraudulent reporting of credit Salt Lake City Utah

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AIB sold me a car which i paid on for 4 years . Then i lost my job and was a little behind on my payments . I did notify the bank and tried to work with them , only 1 month behind and they repoed the car , I even had made a payment that day but that wasnt enough for these scheisters.

The car had been in a accident and was insured , but not yet repaired it was scheduled for repair but they took it anyway. Then they sold it and didnt get enough money to cover the rest of the loan . Probably because it wasnt fixed 700.00 for repairs so , not that bad . then AIB garnishes my wages for 4 mos, still not enough for them.

Now that was 8 years ago ,and come to find out they got a filing on my credit report for 17,000.00 , when the difference was only 2000.00 after garnishing only 200.00 was left thats the actual amount owed . So for 200.00 in debt they now have a 17,000.00 judgement and filing on my credit report. What the hell is going on with the legal system in this country! .

It appears that this company has a racket of shamming hard working people using greasy lawyers (i saw him in court) to misreport so they can intimidate . Its pretty despicable . Please if anyone files a civil suit contact me lets gang up on these credit hyenas and give them some payback.

genoa city, Wisconsin

This report was posted on Ripoff Report on 01/05/2009 03:12 PM and is a permanent record located here: http://www.ripoffreport.com/reports/american-investment-bank/salt-lake-city-utah/american-investment-bank-illegal-and-fraudulent-reporting-of-credit-salt-lake-city-utah-408285. 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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