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Home  »  Consumer Reviews  »  AUTO  »  GMAC AUTO LOAN
GMAC AUTO LOAN
Jun 22, 2008
GMAC complaint
I had to default on my auto loan due to financial difficulties in my life. Instead of the company working with to try to lower my payments so that i could pay the remaining 2 years left on my auto loan, they repossed it. They sold it for $2995.00 at an auction and are billing me for $6995.00.

In good faith, I offered to pay $50.00 to $100.00 a month until the remaining balance was paid in full.

They wanted me to pay 300.00 a month on a vehicle I no longer own. Now they have turned me over to an attorney.

I hate GMAC! I hope they go bankrupt!

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