DriveTime Consumer Loan Complaint

Vehicle loan Problems when you are unable to pay

DriveTime Consumer loan department,

Vehicle loan Problems when you are unable to pay Virginia

I have an auto loan with -. The vehicle I have discovered is only worth about - however the loan is out for -. This is due to thr high interest rate and overstated price at the time of purchase. I fell behind on payments. - called me numerous times. At times over - times a day. I did eventually make payments but also was told by Drivetime that they would defer my late payments to help me out. A few weeks later, - repossessed my car. There are exhorbitant fees charged equal to entire car payments. Buying. Car from - is not like buying a car from other places. It is a bad deal and impossible to improve your credit from.

DriveTime customer in Virginia
Mar 30, 2015

* Source: CFPB Complaint Database

DriveTime response to complaint:
Closed with explanation

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