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In your contract paperwork, you give up your right to legal action, including class actions. You agree to arbitration using two companies that THEY (carfinance.com/Flagship Credit) provide.

If you don't like those two, you can choose another, but that choice has to be approved by them. DO NOT DO BUSINESS WITH THESE PEOPLE. They are preying on people (especially those who have been down on their luck) and their goal seems to be on the outset to use the car as a means to nickel and dime you to death in fees/penalties and then get you into serious debt and then take the car back so they can sell it again at a profit. That's why repo is so swift and there is no grace period.

This is in their contract paperwork. They can charge 5% on outstanding balance on late payments. On a $17K car, that's $850! This is in their contract paperwork.

Yeah, sure you can pay your loan early, but they decide whether or not your early payments will go to knock down your interest. So, if they choose to pay off the interest first, which is likely that they will not allow you to do, you just pay your loan faster with no benefit in saving any money on the interest. As they say in their paperwork, they apply extra payments in the order that they choose. This is in their contract paperwork.

Given the other's comments about not being able to pay their payments on time to Flagship at no fault of their own and their very quick action to rep. Count the cost on these guys!

Reason of review: Deceptive, not in good faith practices.

Flagship Credit Acceptance Cons: Not in good faith.

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Guest

So why are you actually reading these complaints than. Your such a liar you must be hind to. That's so funny to see someone lecturing when in fact he's probably behind even further.

Guest

Oh yes...it's the whining of another deadbeat! If you make your payments on time, you NEVER get late fees and you NEVER pay extra interest because YOU paid late.

What you're wailing about is YOUR late paying had brought you consequences which you just can't stand! In very typical deadbeat fashion, it's all their fault, right?

It's funny how people who pay their bills on time never come here to cry, whine, wail and stomp their feet like little children! No, I don't work for them!

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