Americredit Informative - Americredit The Worst Of The Worst
ARLINGTON, TEXAS -- I had a auto loan with Americredit my finance balance was about 18100 I made 7 payments of 374.00 plus the ridiculous western union fee for 7 months and after 7 months the payoff balance was $17992 they credited just about 200 dollars out of $2618 at 13% interest rate I spoke to a supervisor and she said that they penalize me with 3% to 4% extra interest because a deal with the auto dealership that I still don't know why.
They are out there to hurt customers left and right with their predatory lending. Their customer service are trained to get you not to help you. Every time you pay you have to pay a western union fee by phone by direct payment or on line you cannot escape from the western union fee if they have to process something you have to pay. Let me make this clear that I never pay late. I just fell in to the trap between the dealership and Americredit.
Thank god that I refinance at 6% with my credit union. This was a nightmare. Just beware and stay away from Americredit they will get you.