• Report: #1045946
Complaint Review:

Dealer Funding now Cresent Bank and Trust

  • Submitted: Wed, April 24, 2013
  • Updated: Wed, April 24, 2013

  • Reported By: Anonymous — Montgomery Alabama
Dealer Funding now Cresent Bank and Trust
PO BOX 60048 New Orleans, Louisiana United States of America

Dealer Funding now Cresent Bank and Trust When I thought I was finished with my payments after 3years they hit me with A new balance owed. New Orleans, Louisiana

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When I went in to the dealership they told me how much the car was and how much it will b after I get it financed. I was also told that payments will last 3 years. I'm going on four.

In my third year I called to get my balance and was told it was 6,000 dollars. I was confused because I was looking at my paper work and it was only suppose to be around 1,000. So I asked why when my contract stated I only owed 9,000 after my down payment.

He stated I sign a paper which I did not originally recieve in my contract. That my new balance was 15,000. And he got very frustrated with me and rude. Which I didn't understand because I felt I had the right to ask questions about my contract.

I was making payments to dealer funding located in Atlanta,Ga for three and a half years. After I popped that question on them. I recieved a letter stating to stop making payments to them and start making them to Cresent Bank and trust in Louisiana.

That was very stange to me or just a coincidence. Its like they trying to hide something. I don't like to be cheated out of my money that I work hard for. Paying payments that I originally didn't know about.

I would have never agreed to pay that much for a 2007. I could have bought a newer model or a brand new car for that price. I would never recommend them to no one. They are and will always b a RIP OFF.

This report was posted on Ripoff Report on 04/24/2013 04:32 PM and is a permanent record located here: http://www.ripoffreport.com/reports/dealer-funding-now-cresent-bank-and-trust/new-orleans-louisiana-70160/dealer-funding-now-cresent-bank-and-trust-when-i-thought-i-was-finished-with-my-payments-1045946. 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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