Complaint Review: Mid-Atlantic Finance Company - Clearwater Florida
Ripoff Report on CBS 19
Ripoff Report on CBS 19 - Global Marketing Alliance
Ripoff Report on ABC 15 - Smart Shopper
Ripoff Report - Girls Gone Wild
Ripoff Report on Fox 11 - Car Repair
- Author Confirmed
- Mid-Atlantic Finance Company 1550 Lightwave Drive #201 Clearwater, Florida U.S.A.
- Phone: 866-4031459
- Web:
- Category: Car Financing
Mid- Atlantic Finance Company MAF Wrongful Repossion Clearwater Florida
*UPDATE EX-employee responds: You should pay your bills ontime...
Show customers why they should trust your business over your competitors...
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
Ripoff Report
willing to make a
commitment to
customer satisfaction
Click here now..
I purchased a 1997 Ford F-150 in February 2007 at a local car dealer in Apache Jct, AZ. After a few months the dealer went bankrupt and transfered my portfolio to Mid-Atlantic Finance Company (MAF). When they recieved it they increased my principal amount by $1000.
I started falling behind on my payments in July. I caught up with my payments in august, in November I moved to Iowa. I fell behind on my payments again, I finnaly found a job in February. I called MAF and mad payment arrangements to get caught up again, they informed me as long as I was making payments on my vehicle they would not reposess it.
I mailed them $400 in the middle of March, and a $300 payment on April 1st. They repossesed my vehicle on the third, I called them and they stated they repossesed my vehicle because they did not recieve my payment. I called them several times after that and they would not tell me where my vehicle was located so I could collect my property from it.
They just cashed my check on June 27th because they say that I still have a balance on my vehicle, even though they repossesed it. I am going to file a complaint with the attorney general tommorow.
Every CSR I talked to at that company treated me like dirt. I want to be reimbursed for every penny I had in that truck.
Adanris
Des MOines, Iowa
U.S.A.
This report was posted on Ripoff Report on 06/30/2008 12:55 PM and is a permanent record located here: https://www.ripoffreport.com/reports/mid-atlantic-finance-company/clearwater-florida/mid-atlantic-finance-company-maf-wrongful-repossion-clearwater-florida-345921. 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
If you would like to see more Rip-off Reports on this company/individual, search here:
#1 UPDATE EX-employee responds
You should pay your bills ontime...
AUTHOR: Unamed Advocate - (U.S.A.)
SUBMITTED: Tuesday, August 19, 2008
First off, MAF couldn't increase your principal balance for your vehicle. That is very illegal. As someone who used to purchase auto loans from dealers that finance vehicles "in-house," Mid Atlantic Finance will purchase the loans as they were written on the contract, they won't purchase loans that are shady or improperly written in any way. They wont purchase bad contracts for potential legal ramifications.
Second, you never state how much you owed on the vehicle, which I assume, is a lot. You even stated that they were willing to work with you, but for people that can't pay their bills, there are consequences. So, even though they repossess your vehicle, there might be an outstanding balance on the car, which they will try to recover at the auction, but if they don't, you still could be liable for that balance.
Try paying your bills on time next time, you can avoid these complications in the future.
Related Reports
10:17 AM
08:20 PM
11:56 PM
New 
Updated 
Rebuttal 
Photo 
Advertisers above have met our
strict standards for business conduct.
