Ford Motor Credit Company Consumer Loan Complaint

Vehicle lease Taking out the loan or lease

Ford Motor Credit Company Consumer loan department,

Vehicle lease Taking out the loan or lease New York

From the Desk of - - : - - - - - -, NY, - Email : -- -To Whom It May Concern, I am writing this letter in the hopes that you will help me with this unfair and overwhelmingSituation that I find myself in. I believe now that these original consumer lease agreement that was granted to me by Ford Credit Company was illegal and violated my rights as a consumer. I will list below some of the issues and facts that are the most obvious and reference. The Ford Dealer and the Company Ford Credit discriminate me by my national origins offer me - flipped loans with terms that are less favorable, like a higher interest rate. The company flipped my cars 3 times and the last time it was a lease .I got a Ford Explorer - for 24 months lease terms. The payments were very high at the end of my Lease after 24 months Ford Credit told me that I have 36 months. I asked them that it was not what I signed it in the Ford Dealer. The Ford dealer closed it. Now Ford Credit has those Predatory Lending contract with the 12


the same car a Ford Explorer with a lease for 24 months for $220.00 per month. My lease was 24 month for $470.00 per month and also the Ford Dealer and Ford Credit added another year.I am paying almost - around 50 % interest compare with the prices in the market. It looks to me like a Predatory Lending in a car lease and flipping of Car Loans. I need the reimbursement me for the high interests that I did pay already for my lease. I need assistance from the Financial protection Bureau to stop the harassment, abuse and stop the treats of legal retaliation in my credit report. The Lease is over paid. Best Regards, - -

Ford Motor Credit Company customer in New York
May 19, 2015

* Source: CFPB Complaint Database

Ford Motor Credit Company response to complaint:
Closed with explanation

Consumer disputes how Ford Motor Credit Company handled their complaint

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