Beware Hyundai Motor Finance Company!! I failed to pay February auto loan payment to HyMoFi because I never received the statement. I received a call at work 8 days after due date, which was fine and appreciated. Arranged for payment to be made on 3/11/11 and thought all was fine. HyMoFi took the money out of my account on 3/7/11 thereby causing insufficient funds and overdraft fees.

Call to HyMoFi customer service got me no where... said they could put money back into my account in 5 to 10 days??? if they can take it out instantly, they can put it back instantly but no luck there.

I love my car but will never do business with HyMoFi again. When my auto loan reaches 36 payments I will refinance with my local bank !

Less than 15 days late on a car payment and I receive calls daily harassing me for money. According to the people who phone, this is HMFC's policy as it is computer-driven. You actually start getting calls 6 days overdue. By 15 days we were getting up to about 12 per day.

I RECOMMEND YOU SERIOUSLY CONSIDER BEFORE FINANCING YOUR CAR WITH THESE PEOPLE - when things go wrong the harassment is unbelievable, MANY OF THE STAFF ARE RUDE AND MOST DO NOT RECORD THE CONVERSATION ON THEIR COMPUTER.

I am also in the process of lodging a formal complaint via the florida office of financial regulation (www.flofr.com). FYI Section 806 of Fair Debt Collection Practices Act prohibits abusive communication and harassment tactics. Subsection 5 of the above prohibits harassment with multiple calls.