Report: #147894

Complaint Review: TITLEMAX

  • Submitted: Wed, June 29, 2005
  • Updated: Thu, May 10, 2007
  • Reported By: Columbus Georgia
  • TITLEMAX
    Macon Rd
    Columbus, Georgia
    U.S.A.

Show customers why they should trust your business over your competitors...

This company is the biggest ripoff i've ever seen, One day late and you must pay them $45.00, and this is per day, I paid this company for almost a year and never once did my balance go down, after paying for almost a year and paying monthly, I still at the payoff had to pay the orginal balance.

GATOR
Columbus, Georgia
U.S.A.

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This report was posted on Ripoff Report on 06/29/2005 07:12 AM and is a permanent record located here: http://www.ripoffreport.com/reports/titlemax/columbus-georgia/titlemax-ripoff-rude-fraudulent-dishonest-columbus-georgia-147894. 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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REBUTTALS & REPLIES:
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#1 Consumer Comment

Be Fair to the Honest Americans

AUTHOR: Karla - (U.S.A.)

People who get these title loans are usually desperate to get money to avoid their electricity being turned off, groceries that they cannot afford or for healthcare or medications that they need but cannot afford. The people in these offices that make title loans like "Titlemax" talk fast and make it sound like it is no different from any other loan. Once you are in the trap, there is virtually no way out. Instead of insulting the people who have fallen into this trap, try putting the shoe on the other foot because you may think you are smart and above anything like this, but as usually happens, your day will come and you will appreciate help and you will be hurt because you are losing your family's money and source of transportation. The way the world is now, you may not have a job when you go to work tomorrow. What are you going to do when you need food for your children or medication they need. You will be just like the people you are making fun of. You will find the fastest way to get the money to help your family. An ordinary bank is not going to loan you money without a job.
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#2 Consumer Comment

Be Fair to the Honest Americans

AUTHOR: Karla - (U.S.A.)

People who get these title loans are usually desperate to get money to avoid their electricity being turned off, groceries that they cannot afford or for healthcare or medications that they need but cannot afford. The people in these offices that make title loans like "Titlemax" talk fast and make it sound like it is no different from any other loan. Once you are in the trap, there is virtually no way out. Instead of insulting the people who have fallen into this trap, try putting the shoe on the other foot because you may think you are smart and above anything like this, but as usually happens, your day will come and you will appreciate help and you will be hurt because you are losing your family's money and source of transportation. The way the world is now, you may not have a job when you go to work tomorrow. What are you going to do when you need food for your children or medication they need. You will be just like the people you are making fun of. You will find the fastest way to get the money to help your family. An ordinary bank is not going to loan you money without a job.
Respond to this report!

#3 Consumer Comment

Be Fair to the Honest Americans

AUTHOR: Karla - (U.S.A.)

People who get these title loans are usually desperate to get money to avoid their electricity being turned off, groceries that they cannot afford or for healthcare or medications that they need but cannot afford. The people in these offices that make title loans like "Titlemax" talk fast and make it sound like it is no different from any other loan. Once you are in the trap, there is virtually no way out. Instead of insulting the people who have fallen into this trap, try putting the shoe on the other foot because you may think you are smart and above anything like this, but as usually happens, your day will come and you will appreciate help and you will be hurt because you are losing your family's money and source of transportation. The way the world is now, you may not have a job when you go to work tomorrow. What are you going to do when you need food for your children or medication they need. You will be just like the people you are making fun of. You will find the fastest way to get the money to help your family. An ordinary bank is not going to loan you money without a job.
Respond to this report!

#4 Consumer Comment

Be Fair to the Honest Americans

AUTHOR: Karla - (U.S.A.)

People who get these title loans are usually desperate to get money to avoid their electricity being turned off, groceries that they cannot afford or for healthcare or medications that they need but cannot afford. The people in these offices that make title loans like "Titlemax" talk fast and make it sound like it is no different from any other loan. Once you are in the trap, there is virtually no way out. Instead of insulting the people who have fallen into this trap, try putting the shoe on the other foot because you may think you are smart and above anything like this, but as usually happens, your day will come and you will appreciate help and you will be hurt because you are losing your family's money and source of transportation. The way the world is now, you may not have a job when you go to work tomorrow. What are you going to do when you need food for your children or medication they need. You will be just like the people you are making fun of. You will find the fastest way to get the money to help your family. An ordinary bank is not going to loan you money without a job.
Respond to this report!

#5 Consumer Suggestion

why are you surprised?

AUTHOR: S. - (U.S.A.)

Didn't you read the contract that you signed? You may feel ripped off, but you signed the agreement. You have only been paying interest all this time. That is why your balance does not go down. The $45 is a late fee which was no doubt also in your contract.

Titlemax is a way to get money fast when you need it, but they are in the business of making money so they will take all of yours that they can.
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#6 Consumer Comment

Titlemax is a Legal Loanshark

AUTHOR: Kathy - (U.S.A.)

Georgia is one of 24 states that allow title lending. Georgia law allows title lenders to charge an annual percentage rate of up to 300 percent. Titlemax, and others like them, are loansharks operating under the protection of the state.
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