- Report: #607748
Report - Rebuttal - Arbitrate
Complaint Review: Texas Car Title and Payday Loans
Texas Car Title and Payday Loans2710 red bluff rd pasadena, Texas United States of America
Texas Car Title and Payday Loans took out 3200.00 loan paid 800.00 month for 2 years was told that was intrest got laid off and lost my truck because i could not pay the intrest of 800.00 amonth pasadena, Texas
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My son took out a car title loan with car title and payday loans on a pickup truck, the loan was for 3200.00, they paid a payment of 800.00 a month on the truck, they were told the 800.00 was intrest until they paid off the loan.
After paying on the pickup for 2 years, my son was laid off they fell behind on the intrest payments and the company pick up his truck. They paid over $18,000.00 back to this company.how can they get away with that, i beleive they are really taken advandage of the people who are stuggling to make it.
These type of people need to be stopped, is it legal to do such a thing, please help if you can, its not right. thank you
This report was posted on Ripoff Report on 05/26/2010 10:10 PM and is a permanent record located here: http://www.ripoffreport.com/r/Texas-Car-Title-and-Payday-Loans/pasadena-Texas-77506/Texas-Car-Title-and-Payday-Loans-took-out-320000-loan-paid-80000-month-for-2-years-was-607748. 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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