• Report: #841590

Complaint Review: titlemax

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  • Submitted: Sat, February 18, 2012
  • Updated: Sun, February 19, 2012

  • Reported By: mandy — oliver springs Tennessee United States of America
titlemax
illinois ave oak ridge, Tennessee United States of America
  • Phone: 8654832048
  • Web:
  • Category: Liars

titlemax "they"ll take your TITLE and rip you off to the MAX" -titlemax oak ridge, Tennessee

*Consumer Comment: question

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    I went to Titlemax to get cash for my title,after reviewing information,going over paperwork & approval,titlemax offered me $500 for my mini van so I excepted it. While this was back in July of 2011,it is now february 2012 and I'am still paying on this loan,as I pay $83 every month on this loan and have been paying that amount since august of 2011.Which is a total of $492 on past,paid monthly payments.

    As I contacted Titlemax to obatin my current pay-off balance they had informed me that it was $405.28. Therefore,after paying of this balance & adding the total of the past months payments,a $500 loan from titlemax 7 months later had actually cost me almost $900.00.

     Another problem that I had with Titlemax was that they were very rude and disrespectful.When working with the loan agent she informed me that usually on a $800 loan,you end up paying $1,000 or within that nature. She was very friendly as I was just begining to work with them. As I later found out that when it was within a week of my monthly payment I would get texts messages & phone calls non-stop. If it was on the day my payment was due, they would try to contact me which seemed to be almost every hour on the hour.

     I just learned my lesson and glad I was able to pay the loan off and not be bothered with that stress. Never again will I go to them or recomend them to anyone. This place does not need to be lending out loans and expectiing the world in return.They have a way of trying to make you feel as if they own you or they will heavily over charge on a loan.

This report was posted on Ripoff Report on 02/18/2012 11:02 PM and is a permanent record located here: http://www.ripoffreport.com/r/titlemax/oak-ridge-Tennessee-37830/titlemax-theyll-take-your-TITLE-and-rip-you-off-to-the-MAX-titlemax-oak-ridge-Tenne-841590. 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

question

AUTHOR: coast - (USA)

"they will heavily over charge on a loan"

How much over the agreed amount were you charged on the seven-month loan?
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