Unfortunately, I have a family member that is dealing with the unethical business practices of Coastal Credit LLC. Her car payment is due on the 15th of each month, however, she set up an allotment for payments to be taken out on the 1st and the 15th. Coastal Credit repossessed her car this morning, which is before the official payment due date. Since her allotments were stopped, the payment on the 1st was not sent. Coastal Credit has a few branches, to include one in Virginia Beach, VA, however, she is dealing with the Ft Walton Beach, FL branch. My relative spoke with a Ms. Pearson, of whom she said was very rude and refused to accept the full payment, which again, is not due until tomorrow, but steadfastly insists that the balance of the car note be paid in full immediately. Therefore, in my opinion, Coastal Credit LLC seems to engage in predatory lending practices and are going about blatantly and shamelessly scamming young men and women.
According to the Northwestern Florida Better Business Bureau, the Ft Walton Beach, Fl branch of Coastal Credit LLC, has an F rating, which is based on a scale of A+ to F.
more