Cardiff Finance and leasing Bank of Cardiff representatives are attempting to loan money at rates that are astronomical and probably illegal. I worked with them on a loan for my company and after paying fees for them to research my background, I was provided a proposal to borrow $25,000 with a 12 month payback. I was to pay on the loan every working day of the week using 252 weekday payments (Yes, a payment every working day) That totalled a repayment of $35,249.76. That is an interest payment over the term of the loan of $10,249.76 to borrow $25,000. They were initially discussing a 7% interst rate for 3-5 years, and then explained when they made the proposal that the rate discussion was just an example of the total interst that I would be paying, but i would be paying it back in a shorter period (12 months).
This complaint and/or review was posted on HolySmoke.org on 19:44 pm, January 28, 2019 (CST) and is a permanent record located at: https://www.holysmoke.org/scam/cardiff-financial-review/.
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