Go Capital/ Go Truck Capital/ Nations First Capital. the old bait and switch ......stay away from this company. irving California
In July of 2013 I needed a semi truck with my credit a bit low (from doing a modification and being out of work for a little while) so I contacted Go Capital and got Dave after looking over my aplication he said he could finance me but the rates would be high then he said he will have to writethe contract as a lease that way i could write it off in my taxex which at the end i would have a $1 buy out which sound good to me , then he told me to try and find a truck that was in the price range of 20 to 30k's found one in GA called the dealer and made arrangements to see the truck, called dave to get the final paperwork done i was told dave connell did not work there any more this is where it all went down hill as i had given the dealer a check as a down payment paid over $3000 to start an insurance policy monies i would have lost and no buyout contract because according to them there was no dave there any more, for months i've requested a copy of the contract then finally in Dec 2014 i was told that what we had was a rental agreement and i would have to pay full market value for the truck if i wanted to keep it, so the $25000 truck would be costing me a total of $75000.00 to own, they finally sent me what is supposed a copy ot the agreement minus the numbers two weeks ago......so i guess ill be going through an attourney on my next purchase.
1 Updates & Rebuttals
Jim B
Pen Argyl,Pennsylvania,
USA
Some tips for financing
#2Consumer Comment
Sat, August 22, 2015
Never commit to anything until you have a term sheet or financing proposal in writing. Once you turn that in to the company you should be supplied with a contract. Make sure the terms match and that any fees paid thus far are refundable if the terms do not match what information you were provided before in writing.
Never put a deposit down on a truck unless it is refundable as well.
Deal with a reputable lender or broker. If you have credit issues, a broker may be a better choice. They know the lenders available who can approve applications with credit issues. Many of these will not deal directly with the public but only through brokers.
If you've gotten yourself into a bad lease or rental agreement with Go Capital or a similar type of company, consider finding another lender that can refinance you out of the agreement with better terms.
For such assistance, I can be reached at (((redacted)))
Scott