Ok, we recently had the pleasure of paying off the final balance of our car loan with GMAC Financial Services. However, two days after paying off the balance in full, the scumbags go ahead and take another full monthly payment from our bank account. I'VE BEEN ROBBED!! Of course you call them and they say they'll give the money back, but it takes 10 to 15 days. Grrr.
These big corporations are so quick to take your money but when it comes to giving it back, it's like pulling teeth. So today I called and complained that the money still has not been refunded. They're saying one more week. Man I'm pissed off.
I'm willing to bet that they do this to thousands of customers all the time and they're making a LOT of money robbing peoples banks accounts and getting away with it.
If you have an auto loan with these guys, do you self a favour. As soon as it's paid off, put a stop payment on your bank account. You'll save yourself a lot of frustration and stop these scumbags. (Of course this means the banks make more money with stop payment fees. Us regular Joe's get stiffed left, right and centre.)