Report: #113872

Complaint Review: Systems & Services Technologies - SST

Submitted: Wednesday, October 20, 2004
Last Posting: Monday, May 30, 2005
Reported By: — Jackson Michigan

Systems & Services Technologies - SST

P.o. Box 3999 St Joseph Missouri 64503 U.S.A.

Phone: 800-7898001
Web:
Category: Financial Services

Systems & Services Technologies - SST will not allow payoff of car loan St Joseph Missouri

1Author 0Consumer 1Employee/Owner

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I made a payoff with this company for my auto loan, which I have a signed settlement contract, and now these people are trying to collect on the amount forgiven ($900) in the settlement arrangement.

After paying on this loan for 5 and a half years, payments totalling $34,000 on a $17,000 loan, these people are trying to back out of our settlement. Over 900 bucks!

They have MORE than gotten their money back, and profited quite handsomely on this loan, yet they are NOW trying to ruin my credit, and they will not release the lien against my vehicle because they want 900 more dollars, which they have forgiven in a contract.

Beware of ANY used car loan that says the lender is Aegis Auto Finance (their consumer name) or Systems and Services Technologies, (SST). DO NOT do business with them!

SST can be found on the Kansas City Better Business Bureau's web site, and you can see for yourself that they are NOT a reputable company. Don't make my mistake!

Robbed
Hometown, Michigan
U.S.A.

This report was posted on Ripoff Report on 10/20/2004 2:08:19 PM and is a permanent record located here: http://www.ripoffreport.com/financial-services/systems-services-tec/systems-services-technologie-fdye3.htm. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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REBUTTALS & REPLIES:

1Author 0Consumer 1Employee/Owner

Updates & Rebuttals

#1 Ex-Employee

SST not the financial institution

AUTHOR: Jamie - Wathena (U.S.A.)

SUBMITTED: Monday, May 30, 2005

I worked for SST for 3 years. They are not a financing company. They are not in business with Aegis Financial. SST is a third party loan servicer. They are hired by Aegis to collect on their loans. SST has to go by whatever info Aegis gives to them, so if Aegis says you owe the $900, SST has to try to collect it, as they are hired by Aegis to do so. So if you have something worked out with Aegis and SST will not allow it, then you need to contact Aegis, as they have not conveyed this info to SST. Im not making excuses for SST, but they arent the ones that financed the vehicle and they go by the info given to them by the original finance company.