ED Magedson – Founder
sovereign lendersNationwide USA
sovereign lenders I am on social security disability and I have a child. I took out a $1,500.00 loan in aug. 2014 because we needed a place to live. I have been paying them $317.00 a month. I was so excited that my loan would be paid off this august, but when I contacted them about sending me a copy f my contract, they stated that there is a $2000.00 balloon payment due in august. I did not agree to that! I need help fast! I need my car to bring food into the house because I can't walk. Please help me someone! we needed a place to live. I have been paying the loan every month at $317.00 a month. I was so relieved that the loan would be paid off this august, but when I contacted them for a copy of my contract, it has a balloon payment of almost $2000.00 Nationwide
I need help fast! I am on Social Security disability and I have a child. I am widowed. On August 2013 I had to do a title loan from Sovereign because we wee about to become homeless. I took a $1500.00 title loan from them. I have been paying $317.00 a month which has been hard to come up with, but I have never been late. I was so happy to think that in August 2014, my loan would be paid off. I emailed them asking for a copy of my contract and saw that in August, I have a balloon payment of almost $2000.00! I am just sick. That is way more than my monthly income! They are charging me around $6,600.00 for a $1,500.00 loan! If I lose my car I can't bring food home since I can't walk. I did not sign the contract with the balloon payment electronically or otherwise. I need help! Can someone help me? Susan Cincinnati, Ohio
This report was posted on Ripoff Report on 06/15/2014 12:37 PM and is a permanent record located here: http://www.ripoffreport.com/reports/sovereign-lenders/nationwide/sovereign-lenders-i-am-on-social-security-disability-and-i-have-a-child-i-took-out-a-1-1154973. 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.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
Advertisers above have met our
strict standards for business conduct.