Public Mediation

Y.Z. vs. Dakota Financial

  • 30% of recovery offered for best resolution

Major screw up by Dakota Financial

Yaakov Zimmerman Inc vs. Dakota Financial
11766 Wilshire Blvd #550,, Los Angeles, California, 90025, United States
Amount Involved: $41,924.00
    • Status: In Negotiation
      This claim has posted for public comment and negotiation. It will remain posted until resolved to the claimant's satisfaction. Suggest a resolution to help these parties reach a settlement.
       (seeking public comment)
    • Claimant Seeks: View.
    • Claim #: 2090621
    • Amount Involved: 41,924.00
    • Filed On: Sep 15, 2021
    • Posted On: Sep 30, 2021
    • Complaint(s):
      • Bad business practices
      • Problem with a service
      • Problem with a product
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Statement of Claim
Complaints Involved (6) - View
Claimant says:
"I used Dakota Finantial to finance a truck that I bought from Ryder for $45,500, so maybe they are both responsible. I put $18,224 deposit, which is 40%, Dakota Financial payed $27,276. My payments were $1,248.00 per month.  Within the first week, the truck was not working. Dakota Financial would not help me at all. I asked them many times. They said that were the owner, but at the same time, It was my problem. The after 6 months,and $20,000 of work that the truck caught on fire because it was a lemon. My insurance paid Dakota Financial $39,900 for the fire. THANK GOD NOBODY WAS HURT. I received nothing. Dakota Financial owes me my deposit back and $20,000 for repairs plus my deposit $18,224. and my insurance for the month that it was being repaired. $3,700. The total is $41,924"
...
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Claimant timeline (4) - Hide
  • 01-18-2021 — Picked up truck
  • 01-25-2021 — Truck broke
  • 03-08-2021 — Truck was fixed
  • 07-09-2021 — Truck caught on fire due to lemon truck
What Claimant Wants Hide
1. Compensation: Lemon truck Sep 30, 2021 $41,924.00
Cash total : $41,924.00
  • 1
Do you agree with the claimant’s demands?  (If you are a party to this claim, click here.)
Sal Chicago commented
Sal Chicago (Comment):
"Given the fact that they said they were the owner yet claimed no responsibility is issue number one. The next issue is whether there was a warranty. Another issue is was the use of the truck for ordinary use.

I believe I can help resolve this issue effectively and efficiently."
 (3 years ago)
Reply
Awaiting response from Dakota Financia...
Claimant says maybe M
Claimant: ("MAYBE"):
"Sal, I would appreciate your assistance in resolving this. I am willing to offer you 50%."
 (3 years ago)
Reply

Respondent's Counteroffer

There has been no response to this claim from Dakota Financial. This claim will remain posted until resolved
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  • Contributed Solution: by George Maxwell On 10-06-2021
    1 comment
    Dakota Financial needs to provide a good accounting of why you apparently owed almost 50% more than the amount borrowed after making 6 months of payments on a used truck. Financial and consumer regulators should look at your contract More...
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