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Mission Finance


Country United States
State California
City Corona
Address 4222 Green River Rd
Phone 714-974-9700
Website http://missionfinancialservices.net/

Mission Finance Reviews

  • Aug 5, 2015

If you want to pay for other people’s transgressions, borrow money from Mission Financial. My business borrowed money from this company and put up our semi and tri-axle trailer up for collateral. They required that we install a GPS on our semi, which is normal. The interest rate is reasonable. Per our agreement, we have paid 5 months, on time and religiously, with our 6th month installment due this month. Our semi is having additional repairs, at 26,000 miles, to our rebuilt engine that were unexpected. Not complaining and partly our fault. We needed to borrow some extra funds from Mission; approximately $4,000. We wanted the amount tacked onto our loan, which would bring it back up to the original borrowed amount. The loan officer that we are dealing with had this to say. “We have had companies borrow money and used the money to put a down payment on a new truck.” “Our interest rates have gone up.” “We will charge another set of fees of approximately $4,000 on top of what you are borrowing plus interest.” “Yes, I know you have been paying us on time, but other people have not.” “We are in the business of making money.” Hello, what company would take $4,000 down on a new semi? Also, we are not those “other people or businesses”. To give you an idea…the requested loan was for $4,000. After interest and fees the amount would be an additional $16,000 on top of our current loan. Borrow at you own risk. We will be making our payments on time, but will not be going to them for any additional money.

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