Contract review, interest deceptions
I contacted this company about financing a fishing boat. After the first talked I was told that it looked good and I would be getting a 7.99 % interest. I was very limited to any options on boats, pretty much only one option just different colour. I kept asking about the price but would not give it to me. I finally got the contract and it was a 18% interest annually. I of course did not sign this contract, who would. I went back to the first person and said you told me 7.99. He said oh that was a see-doo I would have got the 7.99 interest. I never asked for a see-doo, it was always a boat. They thought I would not look through the contact and just sign it. $32,000 boat for $43,000 principled loan. With interest it came up to 82,000.

