Beware Canada Drive's! I clicked a link on autotrader.ca curious about financing and posted rates. I end up discovering they aren't an ordinary lender but a "program" matching a high interest loan to a pool of used vehicles. I informed the follow up representative that I was not interested in their programs or services. I thought that would be it, but no! They perform a hard credit check without my authorization to do so! Now they won't stop calling trying to get me to accept a $15 000.00 loan at a ridiculous APR (should be a violation of usery laws). Disgusting business model. Irresponsible lending that causes more problems for a person in a bad financial situation, and even more aggressive/persistent than the"foot in the door" salesman. I will be writing the credit bureaus to inform them that the credit check was not authorized and reporting the Canada Drive's tactics and harassment to BBB.
Caveat Emptor!!
Beware Canada Drive's! I clicked a link on autotrader.ca curious about financing and posted rates. I end up discovering they aren't an ordinary lender but a "program" matching a high interest loan to a pool of used vehicles. I informed the follow up representative that I was not interested in their programs or services. I thought that would be it, but no! They perform a hard credit check without my authorization to do so! Now they won't stop calling trying to get me to accept a $15 000.00 loan at a ridiculous APR (should be a violation of usery laws). Disgusting business model. Irresponsible lending that causes more problems for a person in a bad financial situation, and even more aggressive/persistent than the"foot in the door" salesman. I will be writing the credit bureaus to inform them that the credit check was not authorized and reporting the Canada Drive's tactics and harassment to BBB.
Caveat Emptor!!
Caller type: Telemarketer
Company: Canada Drives
Number: 613-656-6508