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Report: #1147845

Complaint Review: sovereign lending solutions - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Barkerc — McAlester Oklahoma
  • Author Not Confirmed What's this?
  • Why?
  • sovereign lending solutions Nationwide USA
  • Phone: 8552213282
  • Web:
  • Category: Loans

sovereign lending solutions Title loan America Fraudulent repo after making payment arrangements and making the payments Nationwide

*Consumer Suggestion: Class action lawsuit

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I had to take out a title loan to hire a lawyer for a child custody battle. I ended up using Title Loan America. I didnt realize that the loan was through another company named Sovereign Lending Solutions.  My original loan was for $1500 but I only received $1100. My payments were around $380 a month. At first I was really good at making my payments. I am a 100% disabled veteran. I had changed bank accounts due to my divorce and my check from the VA got delayed and I got behind on my payments. That is when all of my problems started.

 

as soon as I started getting my check back I made my payment but by that time, even though I had talked to them and had given them the proof. I had the VA fax them the letter directly. I had a bunch of late charges. A little over a month later, the whole front end of my truck fell apart. My truck is the only way I have to get back and forth to my DRs appointments. I had the choice of fixing my truck or making my payments. They put out a repo order on it then. I was able to send them pictures and have the insurance company and mechanic send everything in for them to take the repo off but again they added a bunch of late fees.

 

Back in Jan 2014, I  started paying $800 a month to pay down my loan hoping to get it paid off. Last month when I made my payment they said I only owed $400 more. This morning when I woke up my truck was gone. i called and was told it was because my payment wasn't made. My payment isn't due until the 25th. Now they are saying I have to pay almost $2000 to get my truck back.  I asked for a copy of all my paperwork and payment history and they refuse to send it to me.

 

This report was posted on Ripoff Report on 05/19/2014 08:50 AM and is a permanent record located here: https://www.ripoffreport.com/reports/sovereign-lending-solutions/nationwide/sovereign-lending-solutions-title-loan-america-fraudulent-repo-after-making-payment-arra-1147845. 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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#1 Consumer Suggestion

Class action lawsuit

AUTHOR: Bbduck - ()

POSTED: Monday, May 19, 2014

There is currently a class action lawsuit against Sovereign Lending. This is one of the attorney's websites:

mcnowick.com/things-we-are-looking-into/

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