ED Magedson – Founder
Transport Funding LLC903 E. 104th St STE 170 Kansas City, Missouri USA
Transport Funding LLC RIP-OFF FINANCIAL ORGANIZATION Ripped me off in excess of $45K and if that wasn't enough they repossessed my vehicle and ruined my credit report. Kansas City Missouri
I financed my working vehicle with Transport Funding LLC back in April, 2011 for the amount of $44630.00. I made payment every month on time untill June 2013 when my financed vehicle was reported missing and I seeked help from transport funding llc to help me to recover the vehicle. They immediatley sent me a REPO NOTICE knowing that I am current with my payments and started to play games with me through their sarcastic and untrained staff in particular the names Judy Hamm - Office Manager and David Adel- Never knew what role he played a part from being simply unhelpful.
I had numerous contact back and forth with David Adel to try to resolve the problem and return my vehicle back but he chose to not correspond accordingly and waste my time and everybody else who tried to contact him and make sense of this strange situation. After months of e-mails and phonecalls to this unreputable finance shark company, my vehicle was sold internally back to Transport Funding for the amount of $16355.17 when the vehicle actual value is between $30k/$40k in today's market!!! They terminated immediately my account online so I couldn't make any further payment nor could collect information about my current balance and transactions which totalled to over $44k!!
Transport Funding LLC seem to practice this method of dishonesty and foul play with their customers frequently as I discovered with other cases similar to mine on public record, SHAME ON THEM.
Transport Funding LLC not only repossessed my vehicle but stole my hard earned cash payments and ruined a small family messing up my credit score and finances. They consistently broke Federal Law and regulations regarding lender and credit laws, and not coming forward with statments detailing interest rate payment history and remaining balance. Also I find it unbelievable for this company to operate like this without any watchdog to regulate their business practices.
I advise you STRONGLY to keep away from this company before they do the same thing to you and RIP YOU OFF financially making you lose everything you worked hard for and create unbearable stress in your life.
* I urge you to read other rip-off reports regarding this shameful company.
This report was posted on Ripoff Report on 11/21/2013 04:28 PM and is a permanent record located here: http://www.ripoffreport.com/r/Transport-Funding-LLC/Kansas-City-Missouri-64131/Transport-Funding-LLC-RIP-OFF-FINANCIAL-ORGANIZATION-Ripped-me-off-in-excess-of-45K-and-1101305. 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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