Report: #1227909

Complaint Review: Lonestar Title Loan - Duncanville Texas

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Ripoff Report is Xcentric Ventures

Submitted: Sat, May 09, 2015
Updated: Sat, May 09, 2015
Reported By: Marcela — Duncanville Texas USA

Author Not Confirmed

Why?

Lonestar Title Loan 442 E. Camp Wisom Rd. Duncanville, Texas USA

Phone: 800-324-4061
Web: Lonestartitleloans.net
Category: Accounting

Lonestar Title Loan The company went from one month loans to six month loans, meaning you pay double of what you owed now. My balance was about $4000, but now I will owe about $8000 due to the interest being calculated at six months. Duncanville Texas

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This company switched their interest from one month to six months. For example, to pay off a loan at one month would amount to $2000 . Taking that same loan to a six month would amount to $4000, double of what you owed them. This occurred without any notice to their customers who are already struggling to pay the one month interest. Now we will struggle to pay double that. If we don't pay double, we will lose our vehicle.

This report was posted on Ripoff Report on 05/09/2015 04:20 AM and is a permanent record located here: https://www.ripoffreport.com/reports/lonestar-title-loan/duncanville-texas-75116/lonestar-title-loan-the-company-went-from-one-month-loans-to-six-month-loans-meaning-you-1227909. 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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