Not resolved
2 comments

We took a second mortgage out with this company over 10 years ago with a heaping interest rate of 12.5 which is highway robbery in this time of low interest rates.So we thought they would consider giving a lower interest rate since we have never had a late payment and have a good credit rating.

Our finance company on the first mortgage lowered our rate to 4.75. This company would not lower our rate at all. They are not interested in their customers and make that very clear when you speak with them. We will be refinancing but not with them.

Further more I will never finance anything with this company again.

It is a shame as I can remember when GMAC was a good company.In my opinion, now they are just a rip off!!!

Had an Experience with Gmac?

Write a review

Comments

Terms of Service
Post Comment
Cancel
Anonymous
#550813

We purchased a 2000 Chevrolet brand new and had it financed through GMAC.This car has been paid in full since 2006 and they have now said that we owe them for place insurance!!!

We were never without insurance and have sent them proof to no avail so now we are considering an attorney. One man told us they wont give us our title until they get 2000 dollars from us which they wont ever seeing how we paid triple what the car was worth. I called time after time and they refuse to release the title saying we owe.

They have ruined our credit as well.Car buyers beware and DO NOT finance through these people.They are ripoffs bigtime.

Anonymous
to Patricia Jennewein #1119900

Same thing happened to me on a 2005 checy suburban. I received the title in the mail but now they say that they settled for less than what was out.

You May Also Like

World Financial Group - Review in Financial Services category from Sacramento, California World Financial Group "Hey it's me Liquid, I'll be posting anonymously cause I am in one of their offices, I write my reviews when I'm in Sacramento to fool them. But I received..." Read more World Financial Group - Read This to Learn How WFGers RIP YOU OFF! World Financial Group "In his “review” last week San Diego Anon oozes about “...a beautiful lifelong career…” It’s “beautiful” all right. IF you love to recruit everybody in sight and personally..." Read more Pacific Tycoon - The Truth about this Ponzi Scam Pacific Tycoon "If you are ever contacted by Pacific Tycoon, telling they purchase containers on your behalf, lease them out for you, promising high returns: either fixed 12% or fluctuating returns averaging..." Read more World Financial Group - Gotta Feel SORRY for WFG Agents World Financial Group "WFG agents trick and cheat you. Then they recruit you and teach you how to trick and cheat other people. Seriously guys. Thats how it goes there. Why do I..." Read more Grand Furniture - Cheap Grand Furniture " Literally the worst bed frame I ever brought in my life, 2 months after having the bed frame it started to fall apart. The screws are loose, the wood..." Read more Under Armour - Valsetz tactical military boots Under Armour "These boots were regularly priced for about $ 130 and were on sale for about $ 120. I work in security and do a lot of walking so I bought..." Read more Kenneth Cole - WALLET DEFECTED ,WITHOUT USING IT WAS TORN Kenneth Cole "WORST PRODUCTS....INFACT SPURIOUS MATERIAL USED..... NO COMPARISON WITH MK OR WITH COACH...KENNETHCOLE REACTION ....A BIG NO TO KENNETHCOLE REACTION... THE COMPANY HAS NO ANSWER.....THEY SAY GET IT REPAIR FROM A..." Read more Wayfair - Bed bugs Wayfair "I purchased a upholstered bed frame from wayfair. Put it together with ease and it was beautiful. Fast forward a few months and myself and my kids started getting welts...." Read more