Complaint Review: LoanMart - Van Nuys California
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As an innocent borrower, put up my friend's car 2001 VW Jetta for Title Loan $2500. Made 5 payments already totalling $1790 yet payoff balance is still $3700. They lure people into lending them huge amounts of money but these poor victims don't realize that the interest rates are horrendous, worse than mafia. Many people, 100's or thousands have complained about them that they're loan sharks but nothing is being done about this.
I'm in financial hardship because I'm a single mom with deadbeat dad, my work hours were lessened and I had to pay some personal emergency just recently but now they are threatening to repo the car. Whenever they text or email you, they say to call them and that they want to help you but when you actually talk to them, they are rude and don't consider any reasons.
I've asked and pleaded with them to lower the monthly but they keep denying it and saying you have to pay the full $358, that there's nothing they can do for me, that whatever personal emergency I have that it's my problem, etc.
Many have complained on this website : https://www.consumeraffairs.com/finance/800loanmart.html
Please listen to us, somebody help us. This has been going on for years and LoanMart is getting away with it. I would like to have that Loanshark company shut down and for them to refund all the innocent victims' moneys.. even people with disability, they have the nerve to manipulate and trick them. We all want to file a Class Action Lawsuit against LoanMart.
I just signed the petition: "Demand Shut Down of LoanMart and Refund All the Poor People it Victimized!!!" Will you join me in supporting this issue? https://www.thepetitionsite.com/568/357/879/demand-shut-down-of-loanmart-and-refund-all-the-poor-people-it-victimized/
This report was posted on Ripoff Report on 06/01/2018 12:10 AM and is a permanent record located here: https://www.ripoffreport.com/reports/loanmart/van-nuys-california-91406/loanmart-1800loanmart-loanmart-is-a-fraud-loansharks-sign-the-petition-to-shut-them-do-1445535. 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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