North Mill Equipment Finance LLC
Client Review on North Mill Equipment Finance LLC
Feedback:
Ok so I have been getting ripped off by this company for about 2 years now but the payment is low so that is the only reason I stay. I was miss lead and lied too the whole way. When it was time to sign the paperwork I called with questions so I would understand what I was getting into. I asked if there was a pre-payment penalty and was told “No”, the were right but they call it a pre-payment preium. So they made a play on words and miss led me. So I then asked if this was a simple interest loan and was asked what did I mean. So I asked like the.... “If I pay off the loan early would I still be responsible for the entire 48 months of loan interest, again I was told “No”. This was an out right lie. I made my first payment and was close to my second when I was able to get with My bank to re-finance the truck. Now I bought the truck for $39,900 and put down $7000, with tax and all I financed about $33,700. When I called North Mill for the payoff I was told it would be right at $43,000. I said there was no way because of how much I financed and there my be a mistake. This is when I found out I was miss led and lied too. Oh yea the $43000 was the discounted price from the “$48000” they say I stared with. I did call a very good lawyer in Norwalk, Ct. and he told me that it would cost to much for me alone to do anything as a single person and that this was not the first time they have heard about this type of practice from Noth Mill. So do not use this company unless it is your last resort and remember who and what they are.
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