• Report: #141574
Complaint Review:

Arcadia, Transouth

  • Submitted: Wed, May 04, 2005
  • Updated: Wed, May 04, 2005

  • Reported By:Newton Center Massachusetts
Arcadia, Transouth
Melbourne, Florida U.S.A.

Arcadia, Transouth ripoff sold me a Gap Insurance Policy that left me with a 3,000.00 balance on my car that was totaled Melbourne Florida

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I purchased a new Hyndui and financed it with Transouth. I was upside down on my trade-in auto and was told if I purchased a GAP-Policy my car would be paid off in full, should it be totaled. Two years later the car was in fact totaled. I have been hounded by them since to repay a balance which they say is owing on the loan.

Newton Center, Massachusetts

This report was posted on Ripoff Report on 05/04/2005 05:58 PM and is a permanent record located here: http://www.ripoffreport.com/reports/arcadia-transouth/melbourne-florida-32095/arcadia-transouth-ripoff-sold-me-a-gap-insurance-policy-that-left-me-with-a-300000-bala-141574. 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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