Westlake Services, LLC Consumer Loan Complaint

Vehicle loan Taking out the loan or lease

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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