ED Magedson – Founder
Titlemax3415 W. Cactus Rd Phoenix, Arizona USA
Titlemax Contract stated I could pay back loan in 24 months .. I am know being told that if don't pay on the exact due date the contact is pretty much void ..and I could be paying 560.00 a month for life just to keep my truck I have paid appx 4 thousand back on a 5000.00 dollar loan and only 200 has gone to principle Phoenix Arizona
In april 2013 I took out a tilt loan in the amount of 5000.00 dollars. My understanding was that i had a 24 month payback. I am now being told that the gentalman I took the loan out with was fired and he mislead me. In order to have a 24 month payback I cannot be late. My payments are due on the 4th 3 days after my mortage. I asked titlemax if thye could move my due date to later in the month due to my mortage payment and they said no. So I have been late more then a few times. I have paid approx 3,800.00 back but only 200.00 has gone to principle. I need someones help i feel like I signed the contact under false pretenses and now they are free to extote as much money as they want from me.
This report was posted on Ripoff Report on 12/07/2013 04:25 PM and is a permanent record located here: http://www.ripoffreport.com/reports/titlemax/phoenix-arizona-85029/titlemax-contract-stated-i-could-pay-back-loan-in-24-months-i-am-know-being-told-that-1105226. 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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