Alison Petican

Review of Trend Financial

This company preys on and takes advantage of peopl...

This company preys on and takes advantage of people who are going through credit struggles. I liken them to the pay day loan predators, that everyone is warned to stay away from. Yes, they will give you a loan, but the interest rates are astronomical (25% on a used car is NEVER a good idea) and their fine print fees are outrageous. Avoid this company at all costs.

My husband and I recently re-mortgaged our home, and in the process of doing so, had our lawyer pay off our balance on a car my husband purchased in 2016. The blanace was paid off in early February(our lawyer has proof that the cheque sent was indeed cashed by Trend, with my husbands account number on the cheque). Trend has taken direct withdrawal twice now since the balance was paid in full. When we called them to discuss, they denied ever receiving the payout, despite them cashing the payout cheque. They are either trying to pull a scam, or are disgracefully disorganized.

Either way, PLEASE think twice before doing business with this company. It would make more financial sense to buy a beater car to get through bad credit times/save money. The high interest rates will lead you no-where good, and you may end up paying even more than you originally bargained for when they continue to steal your money after you have paid your balance.