Report: #241879

Complaint Review: 1-800LoanMart - Encino California

  • Submitted:
  • Updated:
  • Reported By: Sacramento California
  • Author Confirmed What's this?
  • Why?
  • 1-800LoanMart 15821 Ventura Blvd. Suite 185 Encino, California United States of America
  • Phone: 800-5626627
  • Web:
  • Category: Loans

1-800LoanMart, Wheels Financial Car Title Loans Encino California

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I had two Car title loans with these people for a short time. The interest rate was near 87% on both loans. I had to pay twice a month on each loan, which I did. for some reason these jerks kept emailing me saying I was late and next thing you know I'm 10 days late as I was paying on time 2 times a month. In Feb of 2007 I decided to trade in my two cars for 1 new car and a slightly used car. I got the payoff amount on each car from 1800 LoanMart. At the same time I had all ready sent my car payments to LoanMart, thinking that they would mail me back the payments totalling $215.00 since the payments were not reflected in the Payoff of each car. Well they never did so I called my bank and simply place a stop payment on them. A few days after the funds were placed back in my bank the jerk (Phillip Kaplan, Manager) called and threatened me over the phone, he said "I had 30 days to pay back the $215 plus $30 NSF fees of he would go to the DA office and file charges. I made a complaint with the BBB but they still insist they don't owe me but I still owe them. Watch out for this rip off artist, they don't know how to confess to their errors and they like to make stupid threats. It's not against the law to go into your own bank and place a stop payment. these peole are just shelfesh little fools. Don't do business with them.

Richard Sacramento, California

This report was posted on Ripoff Report on 04/01/2007 10:00 PM and is a permanent record located here: https://www.ripoffreport.com/reports/1-800loanmart/encino-california-91436/1-800loanmart-wheels-financial-car-title-loans-encino-california-241879. 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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