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Report: #181717

Complaint Review: Road LoansTriad Financial Extended Warranty - Huntington Beach California

  • Submitted:
  • Updated:
  • Reported By: Wapakoneta Ohio
  • Author Confirmed What's this?
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  • Road LoansTriad Financial Extended Warranty PO Box 4459 Huntington Beach, California U.S.A.

Road Loans - Triad Financial Extended Warranty Ripoff Only if Michael interprets it that way! Huntington Beach California

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My wife wanted to buy a car and wanted the control of having the money pre-approved before shopping. Road Loans offered this (or it seemed good at first) with their claims of good rates, immediate issuance of funding etc. What was supposed to be a good rate got jacked around until it came back as 18% (a great rate if you are loan shark). Knowing that the vehicle would be paid off much sooner she chose this option. BUT let's think protection. They pitched their own extended warranty plan and we reviewed it. She and I mutually decided to go with the upgraded plan that covered electrical, steering components, drive train (You know the stuff that costs alot to fix).

The worst thing we could have done is take the vehicle to a dealership that we knew was a rip off for service. They did try to not only rip us off, but the warranty company also. We saw this and took the vehicle to the dealership where we purchased the vehicle and they found the real problem. A bad ball joint, VERY specifically covered in the warranty. Enter Michael. Michael (has no last name and no extension) He answers to no higher source. Michael is Road Loans Warranty GOD. He told me in a conversation Feb 2006. It is my job to interpret the written warranty. A ball joint that has worn so badly that vehicle steers erradically is NOT BROKEN
Matt
Wapakoneta, Ohio
U.S.A.

This report was posted on Ripoff Report on 03/17/2006 08:47 AM and is a permanent record located here: https://www.ripoffreport.com/reports/road-loanstriad-financial-extended-warranty/huntington-beach-california-92647/road-loans-triad-financial-extended-warranty-ripoff-only-if-michael-interprets-it-that-w-181717. 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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