ED Magedson – Founder
City Loan Long Beach,Ca3431 Cherry ave Long Beach, California USA
City Loan Long Beach,California Other complaints #1039415,# 988289-Inquiries lead to REPO and auctioning of my vehicle,in violation of California Annual interest rate 36%, 111%, Long Beach California
I obtained $2600 title loan to find out that the company had a history of illegal infractions of the California Consumer Protection Laws.
Upon inquiry and serving a copy of the Financial Law Associates representation retainer the following only served as the evidence that my attorney said was needed to file an iron clad class action suit against City Loan. They repoed my vehicle without notifing me. Then finally,more than a month later, sent me a notice stating they had sold my van at auction.
Using the Fair Credit Reporting Act and FDIC Regulation E when quoting my consumer protection rights I find that the companies such as City Loan that are in flagrant violation of these regulations usually go out of business. Sowing what the reap.
This report was posted on Ripoff Report on 11/01/2013 11:29 AM and is a permanent record located here: http://www.ripoffreport.com/r/City-Loan-Long-BeachCa/Long-Beach-California-90807/City-Loan-Long-BeachCalifornia-Other-complaints-1039415-988289-Inquiries-lead-to-REPO-1096272. 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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