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Report: #1190061

Complaint Review: Sovereign lending - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Ty — New haven Connecticut
  • Author Not Confirmed What's this?
  • Why?
  • Sovereign lending Nationwide USA

Sovereign lending Car loanTitle loan America Company overcharged on a $1600 loan now saying I owe $2200, wont furnish over contract Nationwide

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I first took out a $1600.00 loan with sovereign lending solutions aka title loan America to pay a debt.  I was told to pay $316 a month for 12 months. Napoleon the worker there told me that after the 12 months the payments would be finished. I have been paying for over a year.  I was able to do everything online at first but then the company changed to car loan llc.  Car loan then repossessed my car even though I was up to date with payments and forced me to pay $1700 for my car released. So yes you are reading right, I paid $316 for a full year then an additional $1700.  After my car was returned they are now saying my payments will be over $400! I called and asked for my contract and they said they have to send it, it has been a month and a half and they still have not sent it.  Please do not get a title loan, it is a scam! 

This report was posted on Ripoff Report on 11/19/2014 02:45 PM and is a permanent record located here: https://www.ripoffreport.com/reports/sovereign-lending/nationwide/sovereign-lending-car-loantitle-loan-america-company-overcharged-on-a-1600-loan-now-sayi-1190061. 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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