Cnac Financing - CAR
I bought a car in 2014 from the dealer jb byryder. i was in desperate need for a vehicle so I could get back and forth to work.
It is a 2004 ford taurus. It is financed for 4 years. I went through their finance
company cnac. I became disabled and had to quit my to jobs because I couldnt do the physical work anymore.
I reached out to them and told them the situation and when I would receive a 3rd party insurance check. I paid 157.41 bi-weekly. 314.82 pr month. they would not work with me on the once a month payment and told me to sell things to cover the payment or borrow the money.
I am getting ready to surrender the car because they wouldnt work with me. Mind you I have already paid over 8,000.00 of it and when i get through I will have paid 10,000.oo plus for a 2004 car. I checked blue book value on it and even in good condition a dealer would only give me 675 -****.00 for it.
Myself selling it outright maybe I could get 2200.00. So just a warning do not go through CNAC financing for anything!!!!!!!!!!!!!
Reason of review: Problems with payment.
Monetary Loss: $10000.
Preferred solution: Let the company propose a solution.
Cnac Financing Cons: Attitudes of employees, Would not work with me.
Location: Columbus, Ohio
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Can we file a class action lawsuit???
THEY SUCK AS A FINANCE COMPANY!!!