• Report: #283259
Complaint Review:

Prestige Financial

  • Submitted: Tue, November 06, 2007
  • Updated: Tue, November 06, 2007

  • Reported By:West Jordan Utah
Prestige Financial
1414 S. 500 W. Salt Lake City, Utah U.S.A.
  • Phone: 801-844-2100
  • Web:
  • Category: Loans

Prestige Financial Warning: A car loan with this company = a repo Salt Lake City Utah

REBUTTAL BOX™ | Respond to this Report! | Consumer Comment

What's this?
Corporate Advocacy Program

Show customers why they should trust your business over your competitors...

What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

Set the record straight:
Arbitration Program

SEO Reputation Management at its best!

In 1999, I purchased a vehicle through Prestige Financial. I was credit challenged. They had me pay over $3000 and my vehicle trade-in for a down payment. The interest rate was 22% and they were not willing to work with you on the due date.

Then in late 2000, my husband got laid off from the Union, therefore, we lost an income for over two weeks. They were not sympathetic at all and came and repossesed the vehicle. Our loan amount was for $11,000 and they claimed the "auction" only got $3000 out of the vehicle so we owed the remainder plus fees, plus interest!

Now, in the year 2007, they started garnishing my husband's wages of over $800 a month, plus my $900 state income tax. We contacted their legal dept and they did'nt seem to care that they were taking out almost a house payment every month but had us fill out a debt to income ratio form. Which we filled out and returned immediately with all the proper forms needed and weeks later, we finally got a hold of them and they said that they could reduce the garnishment amount from 20% to 17%---WOW.

I really don't want to file a bankruptcy but they are starting to give me no choice- I've already lost a rental house and another vehicle because of this.
My problem with this company, is they prey on the credit challenged, get a big down payment, make you pay high car payments and then the second you are one week late, they repo it so they can start their vicious all over again. Now they have ruined my credit even worse than it was!!

West Jordan, Utah

This report was posted on Ripoff Report on 11/06/2007 11:00 AM and is a permanent record located here: http://www.ripoffreport.com/reports/prestige-financial/salt-lake-city-utah-84115/prestige-financial-warning-a-car-loan-with-this-company-a-repo-salt-lake-city-utah-283259. 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

Click Here to read other Ripoff Reports on Prestige Financial

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?