Indiana Finance Financial Corporation To the best of my knowledge it also includes "Oak Motors". This corportation accepts payments at Oak Motors on cars that are sold and financed,paperwork done at Oak Motors Locations. Indiana Finance Financial Corportation is refusing to reduce my interest rate to 6% on a auto loan. I have been called to active duty. Anderson , Indiana

I was called up for active duty with the U.S. Army on August 2009.  I immediately requested that my loan interest be lowered to 6% as provided under the Servicemember's Civil Relief Act of 1940,50 U.S.C. App., Sections 50i-590.  The first Lady that I spoke to from a phone at Oak Motors tried to tell me that this did not apply to me.  I was later connected to a Man(who I was told "dealt with all of these issues") and was once again told that this did not apply to me because of various reasons.  I have read the law and it states that after the application for relief is made that the Company must comply and go to court in order to alter it.  I am being affected financially by this mobilization and do not qualify for Family Separation or Per-Diem pay or hazardous duty pay.(these were some of the arguements made by the representatives of the company)  This company has so far not complied with the law and is stonewalling me on this issue. 

I have went to the Military and have received a form letter to send them.  I have completed this and will send it to Indiana Finance Financial Corporation by registered mail today.(along with a copy of my latest orders-which I have already supplied to no avail). 

My biggest concern is that this Organization is trying to talk Servicemembers into giving up on a legal right/protection through false statements/arguments.  There is no doubt in my mind that this is an established pattern of deception.[Why else would the Lady(after her attempt to talk me out of it) refer me to another Man who was obviously versed in the law-but equally determined to stop this activity]

This company deals with outrageous interest rates and preys upon the poor and disadvantaged among our community.  This is legal.  In my opinion, it is definitely immoral.  I was forced to deal with them due to financial hardship and the necessity of an auto to go to work.  This is their target market and they take every advantage that they can.  I would be very interested in assisting with any Government Official or Lawyer wishing to check this situation out.  I will update this as information comes.