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Report: #1320537

Complaint Review: Midwest title loan - Chicago Illinois

  • Submitted:
  • Updated:
  • Reported By: Tawanna — Chicago Illinois USA
  • Author Not Confirmed What's this?
  • Why?
  • Midwest title loan 5091 s. Archer Chicago, Illinois USA

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*I was told I had to pay 1,095 by the 29th of july because my account was past due I agreed to it I was actually told I can pay it in installments I had my police report with me showing my car had been stolen so the insurance company will be paying them wel l the following week I spoke to them several times through the week working.with the insurance company to get all nesscrasry documents that were needed to receive the cash well I was informed that the insurance company sent midwest tirle loan a check for 2,600 and Midwest title loan informed me that my case is closed and their is nothing I can do about it but they kept the whole check and we agreed upon mr only paying 1,095 my loan from them was only a 1000 and I have given.them almost 4,000 if not more*

This report was posted on Ripoff Report on 08/03/2016 04:29 PM and is a permanent record located here: https://www.ripoffreport.com/reports/midwest-title-loan/chicago-illinois-60629/midwest-title-loan-nbspchicago-illinois-1320537. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#2 Consumer Comment

robert and stacie sitting in a tree

AUTHOR: The Outlaw Josey Wales - (Monroe)

POSTED: Thursday, August 04, 2016

Always trying to outdo stacie for trolling, more useless rebutts from the king of the trolls

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#1 Consumer Comment

Actually...

AUTHOR: Robert - (USA)

POSTED: Wednesday, August 03, 2016

Actually according to what you wrote you agreed to pay them $1,095 because your account was past due.  There was nothing in that statement that says that is ALL you had to pay.  In fact the way I read that is that the $1,095 only brought you current.

You say you borrowed only $1000.  Yes, you may have borrowed only $1000.  But you did it through a Title Loan which are often as bad as Payday loans in the Interest they charge.  In addition to that you were late, meaning additional fees and interest being assessed.  Where there is a very good chance that after that $2600 check they got you STILL owe them money.  So if they really did say your case is closed you better get that in writiing that you have no further balance due.

Now the scary thing is that you say you have given them $4,000 "if not more".  It is the if not more that is scarry, as this is something you should have been keeping track of.  You should know to the penny how much you have given them.

 

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