interpretation
  • Report: #154093

Complaint Review: TitleMax

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  • Submitted: Thu, August 18, 2005
  • Updated: Thu, August 18, 2005

  • Reported By:Griffin Georgia
TitleMax
535 W. Taylor Street Griffin, Georgia U.S.A.

TitleMax Don't Do It, It's a RIPOFF Griffin Georgia

*Consumer Comment: How would you like it?

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if you need money, do not under any circumstances use titlemax. you will never finish paying them. for $500 you pay well over a year if you ever miss one payment. if you know of any types of legislation we can be a part of to help close these money sharks down please let me know. they prey on the poor, working class.

Unsatisfied Customer
Griffin, Georgia
U.S.A.

This report was posted on Ripoff Report on 08/18/2005 08:12 AM and is a permanent record located here: http://www.ripoffreport.com/r/TitleMax/Griffin-Georgia-30223/TitleMax-Dont-Do-It-Its-a-RIPOFF-Griffin-Georgia-154093. 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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#1 Consumer Comment

How would you like it?

AUTHOR: Jason - (U.S.A.)

I don't know your situation, but it sounds like you took one of those "Money for your car title" things... I don't know how they work, other than your car is the collateral for the loan, and if you stop paying, they take your car.

You say "if you miss one payment", so I assume you did just that. There are penalties for that. You agreed to pay the money back in a certain way, if you don't there's penalties. Yes, these big companies COULD let it slide, but why should they do that just for YOU? If they do it for everyone, then everyone would miss payments.

How would you like it if your employer decided that he needed to miss paying you for the month? Don't worry though, he promises that he'll catch up next month.
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