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Businiess name:
Summit Financial
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Review by:
citysearch c.
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Review content:
Summit Financial is designed to offer people with bad credit High intertest rate loans. I currently hold a policy with them at 18% interest rate. I went to take my car in for a trade after I've had it for 1 year. It was purchased for $12,800 WHY DO I OWE $14,900 on this policy? This is because unlike most policies, if you decide to make a pay-off you still owe the interest. They don't refinance and I was late on one payment and they had already sent my account to a collections agency. The Bad Business Bureau needs to come see about them. STAY away from them, you will thank yourself later, this is no joke... I wish I would have known what I know now!!! Summit Financial gets an ""F"" for foolishness, fooling people out of their money, this should be illegal.
Pros: Building credit
Cons: HIGH interest rates
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