Predatory Lender, they need to be...
They charge illegal fees and criminally high interest rates. If they repossess your car, call the police as they cannot take your car without a court order. The fees and interest rates void their right to repossess your car under Ontario law and Quebec law. Fight them to stop their evil ways. They will be fined over $100,000 and your loan becomes void. You can also sue them for damages if they repossess your car, harass you or your family, work or friends and if they reported negative info on your credit report, etc... The more people that take them to court is the only way they will stop their predatory and illegal practices.
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BHM Financial Group is proud to be assisting thousands of Canadians in their hour of need, when most financial institutions, families and friends turn their backs on them. BHM Financials interest rate is at 29-46% per annum and all of its actions is governed by the Canadian Lending Legislation. Unfortunately, if a payment goes NSF, a standard NSF fee is charged to the account. Legal Notices are sent to clients via registered mail after several attempts to get the past due account paid. Unfortunately, if they do not respond, a licensed bailiff needs to be sent to collect the money. REPOSSESSING A VEHICLE IS OUR LAST RESORT. Unfortunately, many high risk clients take advantage by borrowing money without the intention to repay. Therefore there may be multiple attempts and legal costs to collect the unpaid account. This is a kind reminder to people that don’t intend to repay their loans, that all actions have consequences. If you take a loan and don’t pay for several months, change your contact information, there will be charges accrued ( i.e. private investigation companies, process servers, bailiffs, registered notices etc.). We are proud to be serving thousands of satisfied clients that are grateful to our company to have assisted them even with a poor credit history. Our repeat clients are testimony to there satisfied experience.