A B.C. couple are speaking out how they feel these people were misled in to a 25 percent automobile loan from TD, that has kept them having to pay significantly more than double the cost of their vehicle.
â€œWeâ€™re spending $21,000 when it comes to loan â€” then $23,000 in interest,â€ said Angie Hauser of Kelowna. â€œTheyâ€™re earning money off of those who have no money.â€
â€œWeâ€™ve been robbed by way of a bank by using an automobile dealer. I am talking about, thatâ€™s the only way We view it,â€ said her husband Enzo Gamarra.
“Why would i wish to spend $44,000 for a motor vehicle which is now just worth $15,000?”
Hauser and Gamarra are among a number that is growing of without adequate credit that are being enrolled in subprime loans from banks by vehicle dealerships. (meer…)