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Report: #1427382

Complaint Review: Bridgecrest/Drivetime - Mesa Arizona

  • Submitted:
  • Updated:
  • Reported By: Bryan — West Point Georgia United States
  • Bridgecrest/Drivetime 7300 East Hampton Ave #101 Mesa, Arizona United States

Bridgecrest/Drivetime Predatory loan practices Predatory loan practices No refinance options. They are Loan Sharks. My vehicles is only worth 6000 they have it financed for 14000 Mesa Arizona

*Consumer Comment: Oh Poor Baby

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I purchased a vehicle through DriveTime. My interest rate rate is over 20%. I have made ontime payments for over a year. I try to have the vehicle refinanced but the lenders tell me I have to much negative equity. The original loan amount was for 15000 now a year later we are are down to 13000 but the vehicle is only worth 6000. I feel Bridgecrest is preying on people that are less than credit worthness and sticking them with riduculous terms therefore enslaving them with insurmountable debt.

This report was posted on Ripoff Report on 02/05/2018 02:37 PM and is a permanent record located here: https://www.ripoffreport.com/reports/bridgecrestdrivetime/mesa-arizona-85209/bridgecrestdrivetime-predatory-loan-practices-predatory-loan-practices-no-refinance-opti-1427382. 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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#1 Consumer Comment

Oh Poor Baby

AUTHOR: Perry Mason - (United States)

POSTED: Friday, February 16, 2018

 If you don't like a high APR, then YOU should have paid your bills prior to this so you wouldn't be turned down by a bank!

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