Complaint Review: Persian Acceptance Corp - Peabody Massachusetts
- Persian Acceptance Corp 83 Pine Street Suite 102 Peabody, Massachusetts United States of America
- Phone: 8888522886
- Web:
- Category: Car Financing
Persian Acceptance Corp - Persian Auto Acceptance Corp Loan Shark Extraordinaire !!! Only out to victimize the consumer who's trying to rebuild their credit. Peabody, Massachusetts
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This company is a Rip Off to the Tenth Degree. STAY AWAY from them.
#1 They LIE and Jim Peyser can never remember a conversation he had from one week to the next because the turn over in this small sphincter of a company changes monthly.
#2 They charge over inflated interest rates!! Try 25% interest!
#3 They refuse to send monthly statements so you never know how much goes to your principal and interest.
#4 They make up fictitious fees if you miss even one or two payments so they can try to repossess your vehicle.
#5 They charge a weekly late fee of $5.00 if your late on a payments. Even though the stupid contract states it's only a $3.00 fee accessed MONTHLY.
#6 Very rarely do they answer the phone most calls go to a voicemail. Then no one calls you back even if you do leave a message.
#7 Even though you ask to speak to a supervisior he's never available to speak to anyone.
#8 They never sent a copy of my loan contractor or a copy of my payments made to date til I reported them to the BBB, which has several consumer complaints against them.
#9 They don't know their a*s from a hole in the ground.
#10 The worst excuse for a finance company I've ever experienced! They need to be shut down for unethical business loan practices.
This report was posted on Ripoff Report on 10/08/2009 02:07 PM and is a permanent record located here: https://www.ripoffreport.com/reports/persian-acceptance-corp/peabody-massachusetts-01960/persian-acceptance-corp-persian-auto-acceptance-corp-loan-shark-extraordinaire-only-506413. 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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