I have to say this is the second time getting a car loan on my title from titlebucks. I was satisfied my first time because when i took out the loan, shortly afterwards, i received my income tax, and by the time my first payment was due, i just paid it off and went my own way.
so, comes the second time, i found myself low on money and needed some cash to get by, thinking because i had a job, i would have no problem paying payments on the loan. Was i ever wrong! The manager of the store, as well as the associate( can't remember the name) They were both so nice and happy to help me out. After signing the paperwork, they explained to me when my first payment was due, and when.
The time came for my first payment, it was 94 dollars and some odd cents. Second month rolls, its the same. third comes,..now its 115.00... what? I ask. He then goes on to tell me some crap about principals.. so i look at the balance? How can i possibly owe MORE than i borrowed?? i've made three payments, and owe more than i borrowed! well.. of course, its pay or lose my car..afterall, what is arguing going to solve?
So i hand the man my debit card..Afterall, the sign on the door says i can do so, but wait..they charge you extra to pay with your debit card.. WTF!! I am furious.. so i leave..go to atm..get cash, and go back to pay..
OK..finally.. Income tax time.. the first place i go is to the titlebucks to pay off this loan, get my title back, and try to recover from this..i still owe more than i took out..but I will pay it. i barely get there before 6(closing time) I tell the very rude woman i want to pay off my loan, and asked about them taking my debit card, and even agreed to the charge. she looked at my card. said no..they couldn't take that card.!! What?? i use it every where i go. it has the visa logo on it, there is no reason. She wouldn't even try..
They do not want you paying off your loans.. I only borrowed 500 dollars.. already paid over 300, still owe 565.. tried to pay it off, but she told me they couldn't take my visa debit card! to go get cash!! Anybody with debit card knows you cant take 600.00 out of an atm!
I will never do business with them as long as i live, and if i can even stop one person from going to them and making the same mistake, its worth it. The employees there are taught to scam you. they trick you into thinking they are the lowest rates and its all they say, but once you sign them papers, you are caught into a web of their scams and fraud. they definately rip you off and take you for ride.