A Business violated the TILA when they folded my financial contract and had me to initial and sign the bottom. They failed to go over the contract with me. They did not explain the cost of interest, payment amount, they also told me they were throwing in for FREE a warranty service contract.
Afterwards they told me I was ready to go here is your keys, and license plate I ask them about the terms of sale and also told them I suppose to receive a copy of all paperwork involved. They said oh we are not finished with it yet and that we will mail you a copy once we're done.
I received my copy two days later in the mail, I have the envelope with the date they metered it.
After reviewing the documents I noticed the FREE warranty service contract they claimed I would receive for free cost me almost $2000.00 and the interest was way to high. I also found out they pull your credit score from all three credit bureau's and go with the lowest score so they can charge more interest.
The Bureua who gives the lowest score is Equifax thats the reason most Businesses use Equifax.
After filing my complaint with CFPB Consumer financial Protection Bureau here is there response.
Thank you for contacting the Consumer Financial Protection Bureau.
After reviewing your complaint, it appears the Consumer Financial Protection Bureau cannot pursue the issue you described. The FDIC may be able to address this issue. For more information or to file a complaint, contact the FDIC
FDIC Consumer Response Center
1100 Walnut Street, Box #11, Kansas
City, MO 64106
Consumer Response Team
Consumer Financial Protection Bureau
(855) 411-CFPB (2372)
If I have to file my complaint with FDIC than what the hell do we need with the so called CONSUMER FINANCIAL PROTECTION BUREAU for. Just another waste of Government money for Obama to create an agency to place some of his buddies in to make money paid for by the Taxpayers.