PETITION FOR AMERICREDIT TO OFFER CAR LOAN MODIFICAITONS: This Petition is a demand for AmeriCredit to offer car loan modification due to their predatory lending practices:
We, the undersigned, are in support and file this petition with the State Attorney General's Office to demand that AmeriCredit (formerly Long Beach Acceptance Corp), modify existing subprime car loans and reverse predatory lending practices.
We feel that reversing this systemic predatory lending practice, with no out of pocket cost to government, can help the undersigned borrowers, modify their subprime loans.
We respectfully demand that AmeriCredit offer loan modifications on subprimecar loans in order to adjust the unfair high interest rates so that the borrower can repay their loans on high upside down car balances; lower interest rates, and stave off defaulting on existing car loans.
By signing, we give permission to have our support made public via television or newspaper coverage.
AmeriCredit continues to ignore the thousands of people trapped in these predatory loans while they rake in profits from us. I am gathering every single one of your stories to hand directly to the Attorney General so they cannot ignore this looting any longer.
November 12, 2009
AmeriCredit thought they could hide their predatory tactics behind fine print and trap us in these cycles of debt forever. This surge in support proves they cannot ignore the people they are bleeding dry anymore.
9 Comments
M
Mike McKenzie
17 years ago
Featured
I got stuck with 24% interest and its killing my budget every month.
S
Sarah Quinn
17 years ago
Featured
They took advantage of me when my credit was low. Pure greed.
B
Brenda Murray
17 years ago
Featured
im sick of paying so much interest on a car thats not even worth half what i owe anymore
L
Lisa Stone
17 years ago
Featured
please help us get out of these horrible deals
D
David Reid
17 years ago
Featured
AMERICREDIT IS A SCAM. FIX THESE RATES NOW.
J
Jason Gallagher
17 years ago
Featured
predatory lenders need to be regulated. enough is enough.
A
Alex Rodriguez
11 years ago
These people are thieves, something needs to be done.
A
Alex Rodriguez
11 years ago
These people are thieves, something needs to be done.
PETITION FOR AMERICREDIT TO OFFER CAR LOAN MODIFICAITONS: This Petition is a demand for AmeriCredit to offer car loan modification due to their predatory lending practices:
We, the undersigned, are in support and file this petition with the State Attorney General's Office to demand that AmeriCredit (formerly Long Beach Acceptance Corp), modify existing subprime car loans and reverse predatory lending practices.
We feel that reversing this systemic predatory lending practice, with no out of pocket cost to government, can help the undersigned borrowers, modify their subprime loans.
We respectfully demand that AmeriCredit offer loan modifications on subprimecar loans in order to adjust the unfair high interest rates so that the borrower can repay their loans on high upside down car balances; lower interest rates, and stave off defaulting on existing car loans.
By signing, we give permission to have our support made public via television or newspaper coverage.
AmeriCredit continues to ignore the thousands of people trapped in these predatory loans while they rake in profits from us. I am gathering every single one of your stories to hand directly to the Attorney General so they cannot ignore this looting any longer.
November 12, 2009
AmeriCredit thought they could hide their predatory tactics behind fine print and trap us in these cycles of debt forever. This surge in support proves they cannot ignore the people they are bleeding dry anymore.
9 Comments
M
Mike McKenzie
17 years ago
Featured
I got stuck with 24% interest and its killing my budget every month.
S
Sarah Quinn
17 years ago
Featured
They took advantage of me when my credit was low. Pure greed.
B
Brenda Murray
17 years ago
Featured
im sick of paying so much interest on a car thats not even worth half what i owe anymore
L
Lisa Stone
17 years ago
Featured
please help us get out of these horrible deals
D
David Reid
17 years ago
Featured
AMERICREDIT IS A SCAM. FIX THESE RATES NOW.
J
Jason Gallagher
17 years ago
Featured
predatory lenders need to be regulated. enough is enough.
A
Alex Rodriguez
11 years ago
These people are thieves, something needs to be done.
A
Alex Rodriguez
11 years ago
These people are thieves, something needs to be done.
I got stuck with 24% interest and its killing my budget every month.