Client Review on Automobile Acceptance Corp

Feedback:

I set my car payment on auto pay for the 15th of the month when we get paid our due date is the 18th of the month they rejected my payment on the 15th because and I quote “they’d be losing money if I paid it early.” We’ve had our car almost a year now and it’s showing we haven’t even paid $1,000 towards the principal. On the bill they don’t show what the percentage is of the interest rate. Probably because it changes and goes up every month. Out of a $463.00 car payment they have only $81.00 going toward the principal and $381.00 toward the interest. The month before that $311 went toward the interest, and before that $206 toward the interest. It is a very unprofessional company and I recommend no one going to them even if you are desperate.