Feeling aggrieved by the experience with Autopay. Firstly, interest rate advertised on credit karma was grossly exaggerated. However it still seemed to make sense to save a small amount on interest. During process at no point was it explained to me that their would be an exorbitant fee included with the change of bank/ financier. A fee of over 10% of my actual loan was added to principal without me knowing about it. When I brought this up after completion of process the sales rep explained to me that they are not required to disclose the fee. Now I am paying more than I originally had, completely nullifying the intent of refinancing in the first place. The sales representative is not going to try and save you money. They are clearly entrapping consumers with a well rehearsed an anti-consumer practice. I feel scammed by this business and seeking legal advice.
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AUTOPAY provides direct-to-consumer financing and refinancing for individuals looking for the best financing terms and a no-hassle transaction.