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Anybody got any thoughts on American General Financial Services.

Other than the fact that they show up on nearly every search as a lender for those with troubled credit, but apparently have no different lending standards than anyone

Sub: #1 posted on Thu, 02/02/2006 - 08:53


When we applied for a loan with them last year, they stated that do to the bankruptcy in 2000 that they can't take a risk. Their lending standards are the same as everyone else.

Sub: #2 posted on Thu, 02/02/2006 - 09:01

Not so Lucky Not so Lucky

(Posts: 3041 | Credits: )


AGFS is holding a satisfactory report with BBB. They operate from different branches all over the country. You can search for this company with BBB to know more about them.

Also visit the creditors' database of this site to get contact information of lots of US Creditors.

Sub: #3 posted on Thu, 02/02/2006 - 11:52

4u.bryan 4u.bryan

(Posts: 819 | Credits: )

I applied with them early 2005 and I'm not happy with them at all. I didn't get the loan because of a discharged bankruptcy. I was told that if I had good credit since the bankruptcy (I do, no late payments) and it was discharged for two years that there shouldn't be a problem. They came back to tell me I needed a co-signer so I lined one up and they still turned me down. The co-signer had excellent credit but no biggie. I'm glad I didn't get the loan now but they did hit my credit twice. When I asked about it, they said it was standard procedure with a co-signer. I tried to fight it but never got anywhere with it.

Sub: #4 posted on Thu, 02/02/2006 - 15:45

Cow & Chicken Cow & Chicken

(Posts: 3571 | Credits: )

Creditors just don't understand how credit inquiry hurts reports. I read somewhere that your future creditors will not like too many inquiries by creditors or collectors w/e. see this thread, it says about some related problem-


Michele, thanks for your feedback on AG Finance.

Sub: #5 posted on Sat, 02/04/2006 - 10:23

stanley stanley

(Posts: 1639 | Credits: )

i have had loans through this company when they were avco financial and into american general.
they were always nice and respectful to me, the only draw back is there intrest rate is very inflated.
i personally have had no problems with them and they still try to give me loans and i ask them the intrest rate there reply is 22% i just tell them no thank you.


Sub: #6 posted on Wed, 02/15/2006 - 16:17

whtlion whtlion

(Posts: 10 | Credits: )


Increasing interest rate is a big problem nowadays. Added on this, minimum payment for credit cards is going to be doubled, bankruptcy (though not recommended) has been made harder to qualify and expensive too???seems consumers need to be more calculative. All of us need to do some budgeting, need savings plan for future. What do you say?

Sub: #7 posted on Wed, 02/15/2006 - 16:50

stanley stanley

(Posts: 1639 | Credits: )

yes stanley,
bankruptcy is not an option for me
later this year i will be looking into buying a house.
stanley yes planning for the future is something we should all consider but alas me included seem to put that on the back burner.we are creatures of our environment and companies making it easy to buy on credit we seem to jump on, myself included under the presumption of " they gave me 12 months to pay it off with no intrest, heck i can do that" well i fear most dont. then you get the back finance charges if i understand correctly.
i know i need to be more careful. see i have been to the lowest levels of FICO score due to drugs. but that is behind me now i beat that on my own.
i know i need to budget better then i do now but i can say this with pride that i have come a long way to be where i am today my FICO score is 670 and my goal is to eclipse and blow away 700. sorry if i rambled.

Sub: #8 posted on Wed, 02/15/2006 - 19:20

whtlion whtlion

(Posts: 10 | Credits: )


You should be attentive and try to raise your FICO since you are going to buy home this year. Achieving a high score is not a tough job. You should know the influencing factors of credit scoring model. If you can follow few steps, your score will automatically go high-


Sub: #9 posted on Thu, 02/16/2006 - 10:33

stanley stanley

(Posts: 1639 | Credits: )

Bankrupcty hurts, I know because I filed 7 years ago and still no one will give me credit ( only payday loans)which have gottenme into problems. I'll never do that again. Amer. Gen. would not let me loan either

Sub: #10 posted on Sat, 03/11/2006 - 12:26

leteaglesfly leteaglesfly

(Posts: 10 | Credits: )

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