Westlake Services, LLC Consumer Loan department,
Vehicle loan Taking out the loan or lease Pennsylvania
While buying a used vehicle for about $8500.00 with a $500.00 trade in and no money down the dealer came up with a contract financing with Westlake financial services. After they took my old vehicle and fixing a few thing on my new - the salesman has me sign the financial paperwork that I agreed to as far as 9.9 % interest rate. As I looked through the paperwork I see a $1500.00 banking fee added on to the loan total which ended up around $12000.00. I asked the salesman what it was and he answered it was normal. I did not like it at the time but I was in a position where it was to late to back out of the deal. So I signed. As I thought about it that banking fee seemed like a crooked way for a bank to not only get more money out of me and charge me interest in top of it. This deal took place in the spring of -. I have since traded that vehicle for a different better vehicle in - at a different dealership and asked them if they ever heard of a banking fee like that and their answer was it did n't sound legal to them either.
Westlake Services, LLC customer in Pennsylvania
Mar 27, 2016
* Source: CFPB Complaint Database
Westlake Services, LLC response to complaint:
Closed with explanation
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