Report: #310148

Complaint Review: Citifinancial Auto - Columbus Ohio

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Ripoff Report is Xcentric Ventures

Submitted: Tue, February 19, 2008
Updated: Tue, February 19, 2008
Reported By: — Prince George Virginia

Author Confirmed

Why?

Citifinancial Auto www.citifinancialauto.com Columbus, Ohio U.S.A.

Phone:
Web:
Category: Car Financing

Citifinancial Auto Watch Out Citi is bordering Predatory Practices Columbus Ohio

*Consumer Suggestion: Um

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I purchased a vehicle with a Citifinancial Auto loan. After owning the used vehicle for over five years only $11,000.00 has been applied to the principle. Purchase price $30,000....In 2008, I owe $21,000.00. Never mind the fact that I was affected by Hurricane Katrina.

Rippedofftn
Prince George, Virginia
U.S.A.

This report was posted on Ripoff Report on 02/19/2008 01:35 PM and is a permanent record located here: https://www.ripoffreport.com/reports/citifinancial-auto/columbus-ohio-43218/citifinancial-auto-watch-out-citi-is-bordering-predatory-practices-columbus-ohio-310148. 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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REBUTTALS & REPLIES:

0Author

1Consumer

0Employee/Owner

#1 Consumer Suggestion

Um

AUTHOR: Julie - (U.S.A.)

SUBMITTED: Tuesday, February 19, 2008

POSTED: Tuesday, February 19, 2008

I'm seriously unsure how the fact that Citi does what EVERY other lender does (gets their interest first) is predatory. Or a rip off. Sure, it sucks. But this is a very standard practice. They loaned you money, so I'm not sure how a natural disaster plays into this unless you want sympathy. Do you have reason to believe that Citi CAUSED the natural disaster.

Also, did Citi force you into the purchase of a $30K car? I think not. That was your choice. The fact that your credit was only good enough to get you Citi financing, again, is on you.

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