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Report: #1355178

Complaint Review: Budget Car Sales - Muldraugh Kentucky

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  • Reported By: Anonymous — Louisville Kentucky USA
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  • Budget Car Sales 716 S Dixie Hwy Muldraugh, Kentucky USA

Budget Car Sales Lied to, payments don't go on car, payments go in a savings account, will never get car paid off, and does not work with people. Muldraugh Kentucky

*Consumer Comment: The full story

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 My future son in law was buying the car, not me!!!!!! I went there to cosign, they were told he needed a co signer, when I got there, I was told to sign my name on the top line, I read it said buyer, so I said I'm not the buyer that I was the cosigner, stated this 3-5 times, then was told oh it's ok, doesn't matter that I sign my name to buyer, that they know who was really buying the car, joke on me. Everything came to me at my address, and if . Was behind , they did it want to help, had a card sent in December for free month, but the time I got the card to give it to them, they couldn't use it. Was told to late!!!!! Now the kicker, we called and spoke with the sales manager to get everything corrected, can't do it, Even told him I was lied to, was told that's what they do to get a sale,. Then was looking at what balance was to pay off, balance was more than when we got the car, even though they have been paying on it since March 2016, called to find out why nothing has been taken off the balance and was told that car wasn't being paid on, that the money was going I to a savings account, I said we didn't agree to that, was told it was in the papers, so people beware, do not do business with them, they are liars and thieves, we the people need to get businesses like this shutdown.

This report was posted on Ripoff Report on 02/09/2017 06:49 PM and is a permanent record located here: https://www.ripoffreport.com/reports/budget-car-sales/muldraugh-kentucky/budget-car-sales-lied-to-payments-dont-go-on-car-payments-go-in-a-savings-account-wi-1355178. 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

The full story

AUTHOR: Robert - (USA)

POSTED: Friday, February 10, 2017

You are not telling the entire story here.  There isn't a single finance company I have ever heard of that will allow you to go almost a year without actually making a payment on the car.   You need to look at exactly what you signed.

As for the "Co-Signing".  When you co-sign for a loan you are making a legal agreement that if the other borrower can't(or won't) make the payments on the loan you will.   It doesn't matter who signs on the first line.  BOTH people on the loan have EXACTLY the same responsibility.  If the loan is paid on time it looks good on both credit reports, if the loan isn't paid and reposessed it goes on BOTH parties report.  If you end up in court for the debt the finance company will generally go after the party who has the better ability to pay...generally the co-signer.

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