EDITORIAL
GM Financial has been paying $25 fuel surcharges, which is low for a bank that large, but it’s better than nothing. They’ve also been paying a $100 processing fee on redeemed repossessions, which is okay considering how much personal property that agencies have to return to borrowers for free. So now, GM Financial has decided to do away with the surcharge and increase their $400 repossession fee to $475 and that’s great, except they cancelled the $100 redemption processing fee. A bit of a bait and switch.
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GM’s Bait and Switch Contract – Fight for Fair Fees – Repo Blood
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