Complaint Review: 800Loanmart - Van Nuys California
- 800Loanmart 15400 Sherman Way, Suite 300 Van Nuys, California United States
- Phone: 4044493153
- Web: www.800loanmart.com
- Category: illegal reposition of vehicle
800LoanMart Paid $5,700 on a $3,900 Loan. Took My Car Anyway. Their Lawyer Refused to Respond. Van Nuys California
*General Comment: Have you heard of interest?
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I Paid $5,700 on a $3,900 Loan. LoanMart Took My Car Anyway. Their Lawyer Refused to Respond. I’m a healthcare worker in Georgia. I took out a title loan with LoanMart—about $3,900. Life was tight. I needed a bridge. I paid them over $5,700. But the balance kept growing. Without warning or a clear breakdown, they claimed I still owed over $3,100—and then they repossessed my car. I reached out repeatedly. Asked for numbers, for clarity, for fairness. I told them I lived in Georgia, where title loans are heavily regulated. No one helped. I contacted Susan Germaise, LoanMart’s General Counsel. I sent her the facts, the payments, the law. Her reply? “We will respond through the CFPB.” That was it. While my car sat in a lot, racking up storage fees, and the balance grew again. So I filed: CFPB Georgia Attorney General FTC California State Bar – for professional misconduct by their legal counsel I didn’t want a fight. I just wanted fairness. I paid more than I borrowed. I got silence and loss in return. If this happened to you—if you were overcharged, ignored, and taken from—you are not alone. You are not powerless.
This report was posted on Ripoff Report on 05/16/2025 11:42 PM and is a permanent record located here: https://www.ripoffreport.com/report/loanmart/van-nuys-california-wheels-1537274. 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 General Comment
Have you heard of interest?
AUTHOR: Flint - (United States)
SUBMITTED: Sunday, May 25, 2025
Just because you paid them more than you borrowed doesn't mean you paid off your obligation. In fact, you always have to pay back more than you borrow. With high-interest title loans the interest and fees tend to be extremely high, so I would not be at all surprised if you have to pay 3-4x what you borrow. In Georgia, interest rates on title loans are completely unregulated and 300% APRs are common. In fact, I would hazard a guess that very few people in Georgia actually pay off their title loan, and most of them end with a repossession.
If you don't have money, the last thing you need to be doing is taking out loans. You are literally spending money you don't have, and digging yourself a much bigger hole in the process. Title loans are particularly stupid, both due to the extreme interest rates and the near-certainty of losing your car. You would be far better off just selling your car.


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