Security Finance

Security Finance Review

Reviews: 5

1 RATING
(1)

Total views: 4075

Published: 18 January 2018

Posted by: Anonymously

This company is a loan company and while contracts are completed (And very complicated, they fail to honestly show information of how the loan/interest/chargers are computed. Even the management staff does not know much about them. What I do know is that the loan company charges ALL interest as a finance charge billed within the first 3 months of an 18 month loan. There loan paperwork is very misleading as there is no “Early payoff” penalty. You get billed all charges within the first 3 months charging basically 200% interest for 3 months and no additional interest for the following 15 months. This is a deceitful loan practice out to get people in need of short term money and even paying the loan off after a few months, they have already made all of their “Interest” for the entire loan. .

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