Complaint Review: Nissan Motor Acceptance Corp -
- Nissan Motor Acceptance Corp
- Category: Automotive loan servicing company
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I purchased a brand new 2015 Nissan Altima from Gwinnett Place Nissan in September 2015. My financing is through Nissan Motor Acceptance Corp. My total purchase was $28,345.50 with 18.81% interest and I have already paid $19,113.33 with only $4,684.31 going toward my principal balance as of today. So my current pay off balance is $24,685.45. I agree that I did sign the contract because Everything was moving fast, the dealer did not take time to go over the documents, it literally took 10 minutes for me to sign all the paperwork. I feel like I was taking advantage of. I was approved for this loan with a credit score in the low 500s, $500 down making $40,000 a year who rented and had 3 small children. I was a prime target to default on my loan and potentially lose my car and ruin my credit. The dealer nor the bank even asked for proof of income.
This report was posted on Ripoff Report on 11/13/2018 01:30 PM and is a permanent record located here: https://www.ripoffreport.com/reports/nissan-motor-acceptance-corp/-/nissan-motor-acceptance-corp-charges-almost-29k-on-a-28k-loan-nationwide-1467292. 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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