Roadloans - Road Loans handled very poor...
- by Anonymous Mar 08, 2008
- Review #: 114987
| Company | Roadloans |
| Location | Richardson, Texas |
| Category | Auto |
| Views | 1918 |
Recently I applied for an through a bank online and received an almost immediately from a company called Road . The information I supplied online had been approved for financing me for an auto loan to buy the car or truck that I wanted. The email went on to say that I would receive an envelope to be Fed-X’d within the next day or so with all the required paper work and a . Two days later the envelope was left on our . After opening and reading all of the information and requirements I was spell bound by the fact that there was a blank check to cover a minimum purchase of not less than $7500.00 and not to exceed $13000.00. It was almost too good and too easy to be true. With that thought in mind, I put the package on my and it laid there for two weeks. I noticed that as I would check my each day there was always an email from Road encouraging me to act now as I needed to hurry and get to a dealership and purchase a vehicle as this was a time-sensitive offer. On March 1 we took our truck and paper work to a dealership and picked out a vehicle. The dealer gave us a good trade-in value for ours; the paper work was signed with them for Road Loans to finance and we did indeed purchase ourselves a new small truck. The next day we picked it up and went home. Three days later I was leaving my job and I get a from a lady with Road Loans. She asked if I had just changed my job? I told her yes, that it was all on my application. (My start date was never implied to be a problem!. Nothing to worry about…) She said she was looking at my application and all was well except for my job change and because of that they were not going to approve the loan". So, after being pre-approved by Road Loans and being sent a blank check by Road Loans and pushed to hurry to find a vehicle, trading in my truck and now having a new truck that we have been driving, Road Loans NOW says they WILL NOT finance! All my information was out there to be evaluated before the push-pull emails of hurry up and wait! The frustration is overwhelming and the unprofessional way this has NOT been handled, the putting of “cart before the horse” mentality is very taxing;. I went online to research other consumer complaints about this company.. They are one of the largest auto loan companies out there and also go under the name Triad.. Buyer BEWARES!! I suggest that you hit the consumer complaint sites and take the time to read, read, read and read some more… I even found a previous complaint by a family that experienced practically the same situation?. Some of the stories are pretty horrific concerning this company and I am hoping to impact even one potential buyer to do their research and homework|. The big fish always eat the little fish even though there are more of us than them; and it is we and our hard work that keeps them fat and healthy to prey, yet once again, on the ignorance and gullibility that we don’t know what the Real Offer is!. Be careful where you swim…
LEE
Dallas Texas
31563ed
May 15 from Duluth, Georgia
Feb 14 from Laguna Niguel, California
Nov 16, 2012
with them i appy a morth ago they told me i was approve that i would get cash back and skip
i,m tire of them playing game
me i very that i was rioff
Aug 22, 2012
Jun 14, 2012
Jun 12, 2012
Thanks to everyone who posted their problems with Road Loans. Saved us from a very big mistake.
May 12, 2012
Feb 21, 2012
Feb 20, 2012
Feb 09, 2012
I have not had any issues with this loan and they even gave me a deferment one month when money was tight.
I will have this loan paid soon and I will probably go through Roadloans again.
Jan 14, 2012
Jan 11, 2012
Jan 11, 2012
Dec 14, 2011
changing jobs
Nov 07, 2011
Oct 21, 2011
Oct 17, 2011
Oct 17, 2011
Aug 19, 2011
I once purchased a vehicle and needed 2k down. After getting pre-approved for the vehicle loan I went and got another loan to cover the 2k. Wasn't the smartest of ideas but once your approved your approved. It's up to them to re-run checks PRIOR to sending you money or a check.
I'd of cashed that check and if it bounced let the dealership or your lawyer deal with it.
Aug 16, 2011
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