Complaint Review: Triad Financial Road Loans - Huntington Beach Nationwide
- Triad Financial Road Loans triadfinancial.com Nationwide U.S.A.
- Phone: 888-276-7202
- Web:
- Category: Car Financing
Triad Financial Road Loans, Roadloans LOOK at their advertisement! They are not supposed to be compounding interest!! Huntington Beach California
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I think Triad really is screwing all of us! Go to their website http://www.roadloans.com/loans/content/rl/sup_faq.jsp and LOOK AT the question on their faq page under How Interest is Calculated........read the whole paragraph. If simple interested is simply principle x rate x time rather than the compounding method which charges interest on top of interest then WHY IS TRIAD CHARGING ME INTEREST ON TOP OF INTEREST IF THEY SAY THATS NOT WHAT THEY DO? Another thing........they simply say that if you want to pay off your loan sooner "...just increase your monthly payments to the lender.........no penalty for early payment".
Well the first three months of my loan I sent in more money than what is required and they DID NOT apply the payment to my principle. I gave them increased payments three months in a row and they did not do what they state they do on their website! I'm going to print this off and see what I can do about it. What does everyone else think about this?
TOTALLY SWINDLED IN NEW YORK
New York, New York
U.S.A.
This report was posted on Ripoff Report on 07/17/2008 04:27 AM and is a permanent record located here: https://www.ripoffreport.com/reports/triad-financial-road-loans/nationwide/triad-financial-road-loans-roadloans-look-at-their-advertisement-they-are-not-supposed-t-352217. 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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