GM Financial Consumer Loan Complaint

Vehicle loan Taking out the loan or lease

GM Financial Consumer loan department,

Vehicle loan Taking out the loan or lease Missouri

In 2006, I purchased a used vehicle from - - in - - Florida. I used a lender refereed by the dealership, GM Financial. I was told that interest would be accrued monthly. However, the interest was accrued daily. The loan was roughly $8000.00, and the monthly interest was outrageous. I had no choice, but to use 100 % of my student loans to pay off this loan early. I was stuck in, what I believe to be, a predatory loan for around one year. I 'm not sure if I can be helped due to statue of limitations. I 'm sure I have thrown away most, if not all of my literature from the loan. My hope is that this loan history might be archived online.

GM Financial customer in Missouri
Sep 25, 2015

* Source: CFPB Complaint Database

GM Financial response to complaint:
Closed

Consumer disputes how GM Financial handled their complaint

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