Complaint / review / scam report
Sheffield Financial
Goal is to repossess and resell for profit

Complaint / review text:
After 30 months of faithful ontime payments the company would rather repo a financed motorcycle trailer than accept monthly payments again. Account was two months past due, due to an account number change at the bank.

I was a repo agent for 15 years and am very familiar with such scams. Why sell it when they can repo it and profit on it a second or third time? I once repoed a the same car five times for a company with very similar business practices. If you finance with this company beware, don't get behind.

They will repo your goods, auction it off to one of their so called "preferred dealers" for penny's on the actual value, sue you for the balance and refinance your item to another unsuspecting, hard to finance individual for an inflated price and interest rate. How else do you think they can afford to finance people with 450 credit scores

Contact information:
Author: Contact with Author

Offender: Sheffield Financial

   State: New Jersey   City: Princeton
Address: 6010 Golding Center Dr.
Phone: 8884388837, 3367661388

Category: Business & Finance

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