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1.2

Financed my 2015 RV with them. I make my payments at least 7 days before due date.

I pay more than the minimum due that is stated on the statement. On 06/08/2016, 11/02/2015 and 05/12/2015 my payments were not applied to any of my principle, only applied to the finance charge. The reason for this is because Ally calculates their finance charges based on number of days between payments. Not the payment due date.

They charge me $11.89 per day for interest. From 08/2014 to 05/03/2016 I have paid Ally $11,951.32. Of this amount $3,376.95 has been applied to my principal and Ally has taken $8,031.79 for their "finance". When I call to talk to them, I always am told the same thing, "Well Ma'am, you signed the contract".

Do not do any business with Ally unless you just have money to throw away.

Reason of review: I think my statement says it.

Ally Financial Cons: Deceptive business practices.

Location: Spring, Texas

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Guest

Thank you for your informative post. I was offered loan from them at fair rate.

I see many complaints. It doesn't seem right that consumers need to pay early.

A due date is a due date period. Investing $500 for a week can make $ and it seems wrong that they are acting illegally with charges that aren't substantiated.

Can you get out of them before it's too late?

Guest

Same thing happened on my end. Reporting them to better business bureau and going with another bank. Bunch of crooks!

Guest
reply icon Replying to comment of Guest-1238934

I hope who ever sues them take those fascists commies for every dime they have and lose them down those bunch of *** artists,crooks ship them to north Korea

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