- Report: #882530
Report - Rebuttal - Arbitrate
Complaint Review: Consumer Portfolio Services
Consumer Portfolio ServicesPO BOX 57071, IRVINE, California United States of America
Consumer Portfolio Services sold my vehicle in an auction after a voluntary surrender for $7,700 , and collecting my extended warantee balance $847, and say that I still owe them $2,036.81, when the payoff amount was $6,985.07, IRVINE, California
*General Comment: Fair?
*Consumer Comment: Read the contract...
*Author of original report: Misunderstanding
*Consumer Comment: You need to rephrase this...
*Consumer Comment: No, I don't work for CPS.
*Author of original report: CPS
*Consumer Comment: There is a difference between a settlement and a repo
A business' first
line of defense
on the Internet.
If your business is
willing to make a
Click here now..
After several attempts I was unable to get CarMax to give me anything more than $5,000. So I had to continue with the voluntary repo. I was instructed to take the car to the dealer where it was purchased and I did just that so that I would not be charged the repossession fee. Which I am still being charged for.
Then they sell the vehicle in an auction for $7,000+, and also the balance from my extended warrantee which ALL TOGETHER amounted in over $8,000.
I am asking why it is that if you were so willing to consider the account paid in full with $6,000 why after receiving more than the original negotiated amount did you guys take my remaining balance from my warrantee, and you are still expecting for me to pay $1,260.54. they charged a recovery fee when I myself drove the car to the dealer.
This report was posted on Ripoff Report on 05/14/2012 12:10 PM and is a permanent record located here: http://www.ripoffreport.com/r/Consumer-Portfolio-Services/IRVINE-California-92619/Consumer-Portfolio-Services-sold-my-vehicle-in-an-auction-after-a-voluntary-surrender-fo-882530. 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.
Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
- Keep the name short & simple, and try different variations of the name.
- Do not include ".com", "S", "Inc.", "Corp", or "LLC" at the end of the Company name.
- Use only the first/main part of a name to get best results.
- Only search one name at a time if Company has many AKA's.
Advertisers above have met our
strict standards for business conduct.