Report: #756817

Complaint Review: First Credit Finance

  • Submitted: Tue, July 26, 2011
  • Updated: Tue, July 26, 2011
  • Reported By: Amber — Los Angeles California United States of America
  • First Credit Finance
    16005 Sherman Way
    Van Nuys, California
    United States of America


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First Credit Finance does not have an active business license with the state of California.  It was suspended for failure to file and pay taxes.  Therefore, they do not have the legal right to make financial agreements, take consumers to court in a civil process or garnish paychecks.  This company likes to conduct 30 plus day defaults on auto loans to repossess the car and threaten consumers with garnishments.  Please contract the Los Angeles County District Attorney's office to file a claim for fraudulent business practices.  You are not alone, they have done to lots of innocent consumers and they must be stopped.  Unfortunately, these criminals will just close up shop and reopen under another name.  They are currently operating under an active license with the Department of Insurance, but that license does not give them the right to make auto loans only to sell insurance.  The people at the BBB (Better Business Bureau) are idiots.  Don't waste your time complaining to them, they are useless.
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This report was posted on Ripoff Report on 07/26/2011 05:40 PM and is a permanent record located here: 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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