Eddie Dexter

Review of Your Budget Auto

I was lied to about being able to refinance. The f...

I was lied to about being able to refinance. The financial institution they use, Atlas Financial, is notorious for high interest rates. I was in a tight spot and needed a car fast. Despite having good credit (and due to my job being new) My interest rate was 24.9%. I was assured I'd be able to refinance after 6 months. When 6 months passed, I could absolutely not refinance it. In order to refinance a car has to be under 10 years old and have under 100k miles. There's no WAY the salesperson did not know this. My own fault for being naive and not researching such things. Lesson learned: Do your research, and never, ever buy a car or take credit with 24.9% interest..