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Report: #541392

Complaint Review: UACC - United Auto Credit Corporation - JACKSON Mississippi

  • Submitted:
  • Updated:
  • Reported By: Sheila — Montgomery Alabama USA
  • Author Not Confirmed What's this?
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  • UACC - United Auto Credit Corporation PO BOX 14188 JACKSON, Mississippi United States of America

UACC - United Auto Credit Corporation UACC THEY DOUBLE CHARGE U ON INTEREST, YOU PAY INTEREST ON YOUR LOAN ON A DAY TO DAY BASIC NOT FAIR JACKSON, Mississippi

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We need to find an attorney to take our case in this matter, I bought my truck in 06, and having my truck now 3 years and still have 3 1/2 years left to pay. My vehicle was repo after being 2 weeks late in Oct 07, I got my vehicle back after making a payment. Back on last year 08 I went into office to pay vehicle off and looking at my receipts I only owed $8900.00 on it and they told me my payoff was going to be $12,500, I told them they had to be crazy and I was not going to pay it off and I just paid it up for about 4months, the amount I paid only $628 went toward principle balance and the rest went toward interest. I called the company on 12/02/09 and asked for a payment history of my car loan and after looking at it it's a shame how this company can get away with charging us interest back onto our loan.  I noticed that my balance on 10/21/09 was $9800 I made a payment and they added my interest back onto loan of $263 which took my balance back up to $10,121.00. Now they only financed $14449.00 I've paid over $15,000.00 on this vehicle and they say I still owe them $10,121.00 so what do you all think fair or unfair we need to get a lawsuit going and stop these company from taken advantage of people with poor credit. They also have very high interest rate 24%.


 

This report was posted on Ripoff Report on 12/17/2009 04:54 PM and is a permanent record located here: https://www.ripoffreport.com/reports/uacc-united-auto-credit-corporation/jackson-mississippi-39236/uacc-united-auto-credit-corporation-uacc-they-double-charge-u-on-interest-you-pay-inter-541392. 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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