If you're thinking about getting a car through a loan from this company I've but one word. DON'T! Don't be like me and others on this page who may have neglected to read in detail the small print. Don't let a car dealership tell you you're approved through this company even though you know your credit isn't that good...or maybe just downright bad.
The dealership will tell you it's 10% compounded interest and so you may think (like I did) that this is monthly. People...IT'S DAILY so by the months end you owe 10% of your loan X 30 days and they take that right off the top before applying anything to your principal balance so you'll be paying interest (thousands upon thousands) and you'll never see your principal balance shrink! YOU WILL NEVER GET THIS VEHICLE PAID OFF.
By the time you're finished I swear, it's a down payment on a house. How the government allows this type of predatory lending is beyond me but this bank needs to be investigated/shut down. How they can do this without conscience, morales or cooth can only come from cold hearted greedy bastards that continue to rob people in tough situations. OK...I have bad credit...it doesn't give you the right to rob me. People, YOU HAVE BEEN WARNED. If you have bad credit...DO NO BUSINESS WITH THIS BANK OR YOU WILL BE SORRY. I GUARENTEE IT!
Crescent Bank Reviews
If you're thinking about getting a car through a loan from this company I've but one word. DON'T! Don't be like me and others on this page who may have neglected to read in detail the small print. Don't let a car dealership tell you you're approved through this company even though you know your credit isn't that good...or maybe just downright bad.
The dealership will tell you it's 10% compounded interest and so you may think (like I did) that this is monthly. People...IT'S DAILY so by the months end you owe 10% of your loan X 30 days and they take that right off the top before applying anything to your principal balance so you'll be paying interest (thousands upon thousands) and you'll never see your principal balance shrink! YOU WILL NEVER GET THIS VEHICLE PAID OFF.
By the time you're finished I swear, it's a down payment on a house. How the government allows this type of predatory lending is beyond me but this bank needs to be investigated/shut down. How they can do this without conscience, morales or cooth can only come from cold hearted greedy bastards that continue to rob people in tough situations. OK...I have bad credit...it doesn't give you the right to rob me. People, YOU HAVE BEEN WARNED. If you have bad credit...DO NO BUSINESS WITH THIS BANK OR YOU WILL BE SORRY. I GUARENTEE IT!