Report: #46959

Complaint Review: AmeriCredit - Arlington Texas

  • Submitted:
  • Updated:
  • Reported By: Santa Ana California
  • AmeriCredit POB 182963 Arlington, Texas U.S.A.

AmeriCredit ripoff scam Arlington Texas

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I decided to write in after reading some of the rip-off reports. I am currently being financed through Americredit. I have a loan with 18% interest! Imagine them wanting to help people who supposedly don't pay their bills "on time"! If I carry this loan to it's end ( won't be tho'), I will have paid $30m for a car that I'm now being told isn't worth what I owe on it?

Something is terribly wrong! If you wanted to help, you would not be charging such high interest rates. I think you only want to help yourself! How can a loan that is not even two years old be "upside down"? It'll probably be a voluntary repo if I can't get it refinanced!

PJ - S.A.

Santa Ana, California

This report was posted on Ripoff Report on 02/25/2003 05:54 PM and is a permanent record located here: https://www.ripoffreport.com/reports/americredit/arlington-texas-76096/americredit-ripoff-scam-arlington-texas-46959. 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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