Overall Experience: 1
My depressed sibling with long history of worse credit in world and obvious lack of monthly revenue purchased used Morlan Dodge vehicle for approx $15,000 with monthly payment nearing $500/month generating a cost of credit as yearly rate; i.e., Annual Percentage Rate of 24.83% with total sales price of $33,393.12. How could Morlan Dodge provide honest due-diligence oversight by its finance department in allowing a struggling credit-worthy, revenue-producing individual drive a vehicle off the Dodge lot. Obviously, since the purchase, minimal payments are barely being made - the initial amount financed balance is now growing monthly because monthly payments can't be paid on time and in full. Sad scenario all the way around and Morlan Dodge added fuel to the fire, causing further depression for an already depressed-soul.
