I financed a car through TD and was told that if I paid each payment for the first 8 months I could go back to refinance at a lower interest rate. I was completely prepared to do this - having bad credit, this gave me the opportunity to re-establish my credit.
I was paying 19 percent interest and tried to refinance (like they said i could) and sign into a newer car at 0 %. At that time I was denied. They were not prepared at all to refinance my car at a lower interest rate. I decided that I did not want to continue paying for my car for 5 years at that high interest rate- they were constantly calling my employment and were extremely RUDE each time.
I would NOT recommend this company to anybody EVER!!!!! STAY AWAY!!!!!
Monetary Loss: $15000.