The Best Car Title Loans in Wakefield, RI

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  1. People's Credit Union

  3.6

  

  (7)

  150 Old Tower Hill Rd, Wakefield, RI 02879

  “Be warned this company will lie to your 78 year old father. They will tell him they are selling him an insurance policy that will 100% cover his car loan if he passes away. Well that’s not actually what they sold him. The fine print, that a 78 year old didn’t read because he was told what it covers, states that if he is over 70 then it will only cover 25% I understand he should have read the document, but, who reads through all the paperwork when you get a car loan anyway? The loan officer tells you what you are signing. He trusted he was being told the truth. Why would a 78 year old ever agree to 25% of an insurance policy on a fixed income. They wouldn’t. Then he comes to tell all his kids that he did a great thing. He got insurance that will cover his car 100% if he dies. He passed a month ago and we have found out what this bank did. They left out the part about being 70 years old and the coverage reducing. Now he’s gone and cannot speak for himself and the bank claims they explained this to him. We know they did not. They told us too bad, so sad. Please don’t let your elderly family member go to this bank alone. I wish we had know he was going to apply for this loan and policy. We would have sat with him and this bank would not have been able to do this. The worst part is you won’t find out your family member was tricked until they are gone. The President of the bank told us to pound sand.”

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