Persian Acceptance
Reviews and Complaints

This company does not care about it's customers . When you call them they refuse to assist and then make harassing phone calls daily. I made a huge mistake not researching them before I sighed the papers! ! Aweful company all the way around. I do not recommend them to anyone!

I spoke to rep named Bob today and he was extremely rude I guess he felt the need to scold me because I trusted my mechanic who lied to me and told me he fixed my car and I ended up putting my shop in the car and found out it was not fixed! I had to use my entire paycheck to fix my car and now I can't even afford to breathe, and instead of him trying to help me he decided that he was going to scold me and basically told me that it was my fault that I stayed with a mechanic and a company that the State just closed down and instead of understanding that I was scammed by this dealer he blamed me? What does he do with his mechanic?! He is very rude! And he needs to be trained in customer service skills, I mean what kind of people work here? Swamp people?!

This company has the worst customer service I have ever seen. If you miss your payment by even 1 day they will call and harass you all day long. I asked them NOT to call me at work because I am not allowed personal phone calls at work, and they still continue to call me at work. They call my cell phone, my home phone, my mothers phone, my uncles, and my grandmothers phone. This was all in one day, because I missed one payment of $69.00! Then they told every single person that they called that if I didn't pay up that they where coming to repo my car! I don't understand what gives them the right to tell everyone my business and then harass my family. I have always paid them on time other then this one payment. Then when I call them, the line is always busy! So I decided to check out there website to see if I can e-mail them. If you go on there website on the bottom right hand corner, there is a button called REPO DEPO! Click on it and you will really see what they are all about! It explained to me why they are so harassing when you miss even one payment! What they do is give loans to "High risk" customers hoping that you don't make your payments on time so that they can repo your car. They work in alliance with certain dealers so that they can re-sell the cars to only them because they have contracts to use Persian acceptance as their means to finance the car!
So this means that some one with "bad" credit will go to this dealer. Pay way too much for the car and get crazy high interest on the loan. Then, that person misses a few payments (meaning like 1 or 2 weeks). So, Persian acceptance "repo's" the car and re-sells it back to the same dealer that just sold it to someone else. So now Persian acceptance is collecting the "balance" of the unpaid loan, "Selling" the car to the dealer, and then financing another loan to someone else for the same car.
Does that seem legal? Not to me.
This is the worst company I have ever dealt with. And they are extremely rude. They make you feel like you should be thanking them for treating you like dirt! One of their customer service people was so rude and nasty they made me actually cry. And you want to know the best part; I told them why I missed the payment. It was because my father passed away! I have never felt so angry in my life!

These people are NOT reporting my payments to the credit bureaus. I was told that this was a loan to help me rebuild my credit. How can you rebuild your credit if they are NOT reporting your excellent payment history? Buyer beware of Persian Acceptance Corp. I put in a call to my account rep and lets see if he calls me back on Monday...if not, I am reporting this to whomever I can find that will do something about it.

These people took my money once a month for a year and half and then they want to take my car a year and half into my loan due to me being late every week since it was a weekly loan. They are a scam and took my 12, 000 car for 5, 000 dollars.

Loan Shark finance company with extremely high interest rates..they don't send a monthly statement..EVER! So you never know how much is going towards principal or their grossly high interest rate...they take advantage of the anyone who's trying to rebuild credit after a divorce or job loss. Charge late fees every weekly not monthly as stated in the contract I signed. Which then incurs a large past due balance and they try to repo the vehicle.
THE WORST Customer Service I've ever had the displeasure of dealing with, since I began financing and leasing vehicles over 30 yrs ago. I would never recommend this loan shark company to my enemy that's how bad they are.

I ourchased a car from a used dealer who offered financing through this company. I wwas so delighted that I did not ask may quesitons. They have been hard to reach, when I gave info about when i could be reached they never followed my guidelines and would call and claim I was unreachable. They frequently harrassed my references/family and even my employer. It was not until I threatened legal action that they backed off.

These people have put us through a horrid experience. Starting when we purchased a vehicle through Bangor car care. Our payments were only suppose to be through a checking account. They would automatically take our fee out every week until our vehicle was paid off. Everything went well until circumstances forced us to change the account from which the money would be taken out. We had the payment for the week. Persian acceptance refused to take it out until we faxed a signed letter saying it was okay. Three hours later they called back talking a mile a minute about something else we needed. I didn't understand what they meant. (I still don't from this day.) I recall it was a man named Frank with a hard to understand accent. He started to get fustrated and called me numb. He finally asked for a voided check. I faxed that to him and called back explaining to me that I were to stay at the location from which it was faxed and keep checking in with him until he recieved it. (Then he said it was pointless to send my check because it was a starter check. This was a new bank account and a starter check was all I had.) This was not logical for me at the time. I had a daughter who just had surgery at home and a lot of house work to catch up on. He explained to me that it could take two hours before he knows he would get it. Thinking I had the time to hang around an office for two hours waiting for him to recieve some fax. I was getting fustrated. We had one more spat and I finally had to hang up on him. By now..employees from persian corp have already called me names and accused me of being dumb. I called back and requested not to speak to Frank. I talked to a woman named Christian. She started telling me something completely different. Now they needed a letter head from the bank, a voided check, a letter of permission signed by a couple different people and a paper stating account numbers, phone numbers...etc. I have to say this was the most a company has ever put me through. All I ever wanted to do was give them their money.

I still couldn't do it to this day. this is a busy world. I don't work for persian acceptance. I'm a nurse who just wanted to buy a car. You would figure a car dealer and an indirect auto lender would be of more help when it comes to THEIR jobs.