Robbins Bros Complaint - Late Fees On Interest Free Loans
NEWARK, NEW JERSEY -- Beware of Robbins Bros interest free loans. I took advatage of this deal with the intention of paying the loan off in one year to avoid the very high added finance charges if the loan was not paid in one year.
I sent my first payment seven days early. They recived it on time and there was late fee.
I sent my second payment seven days early again. They claimed it took eleven days to reach them and I was charged a late fee. I complained and they reversed the late fee.
I sent my third and fourth payment seven days early again. They received it on time and there was no late fee.
I sent my fifth payment out ten 10 days early this time. They claimed it took over fourteen days to get to them and they charged me a late fee. I filed a written complaint and they denied it and told me to mail it earlier.
I checked with the Better Business Bureau in New Jersey and found out several people have filed complaints against them for doing this very same thing. It seems they give you the interest free loan and then collect money from you by claiming the payment gets to them late. I have now mailed my payment twenty days prior to the due date hoping this fixes their problem. If I not, I guess I will deal with them in civil court when they attack my credit for not paying the late fees.