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Report: #1341698

Complaint Review: Autoloans LLC - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Jerry — Denver Colorado USA
  • Author Confirmed What's this?
  • Why?
  • Autoloans LLC Nationwide USA
  • Phone: (855) 556-2489
  • Web:
  • Category: Loans

Autoloans LLC Car Pawn Ripoff Nationwide

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In 2014 I initiated a loan with this company.  They required that I sign a Power of Attorney document for the State of Florida Vehical Dept, send them the title and put a tracking device in my car that they overnighted to me.  Once the tracking device is installed, you call the company, they see your car and deposit your loan in your checking account.     I borrowed $1,600 and the monthly payment was  $352 a month for a year.  I found out at the the end the year they also wanted a one-time payment of $1,900 in order to get my title returned.  I called them and said I couldn't make the final payment and they re-did the loan for another year, $312 a month with $2,100 final payment.  I made a couple of the new payments then stopped paying them.    2 months ago I received a letter from the Colorado Attorney General's office stating that this company could not legally do business in the state of Colorado and that they name they were using was false.  They also stated that the state has sued the company and that I was entitled to any money that I paid them.  The big news, a duplicate title to my car was included with the letter.   This company is run by crooks.

 

 

This report was posted on Ripoff Report on 12/06/2016 11:31 AM and is a permanent record located here: https://www.ripoffreport.com/reports/autoloans-llc/nationwide/autoloans-llc-car-pawn-ripoff-nationwide-1341698. 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. READ: Foreign websites steal our content

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