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Report: #1193356

Complaint Review: Sovereign Lending - Nationwide

  • Submitted:
  • Updated:
  • Reported By: floydness — Auburn Washington
  • Author Confirmed What's this?
  • Why?
  • Sovereign Lending Nationwide USA

Sovereign Lending failed to inform of the huge last payent or bubble payment nationwide Nationwide

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we contacted sovereign lending for a loan of $1,000.00 because they would not loan $850.

That loan, from when I last check costed us $6000.00 plus after around the 4 thousand mark they sent the loan or sold the loan to auto loan llc of cooks Island I do believe, I guess standard procedure is to suck thousand out of you and let the next LLC get some too. I was not aware that this was not a legal buisness here I Washington state. I think it has been 2 years, when we thought we had the loan paid down and was ready to pay it off we found that the cost to pay it off was even more than the origanl loan even after paying over 3 thousand.

Companies that feed off the blood of people who are already hurting are just evil. The public needs to be made aware of such scams and those companies should pay for their greed. This entire society needs to be more sensitive the the people who struggle to live.

This report was posted on Ripoff Report on 12/05/2014 01:26 PM and is a permanent record located here: https://www.ripoffreport.com/reports/sovereign-lending/nationwide/sovereign-lending-failed-to-inform-of-the-huge-last-payent-or-bubble-payment-nationwide-n-1193356. 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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