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Report: #683084

Complaint Review: Speedy Cash - Witchita Kansas

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  • Reported By: Ripped Off Consumer — California United States of America
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  • Speedy Cash 3527 North Ridge Road Witchita, Kansas United States of America

Speedy Cash dba Galt Ventures Inc Title Loan Excessive Interest Fees Witchita, Kansas

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I am tired off being ripped-off by the Title and Payday Loan Industries. Where or How can I start a new movement to have these industries regulated by Congress. I took out a title loan for approximately $2600.00 two years ago. I have since paid back a total of $$8,400. I contacted the company and advised them I am not working.

I have contacted the company in California and Witchita advising them of my financial situation and requested a settlement offer. I was told that the total loan of (including loan amout and interest) $9,000 + would have to be re-paid in full before I retrieve my car.

This is ridiculous... I also asked what was the principal amount due, and was advised very rudely by the customer service supervisor that there is no principal ... just pay the remaining amount of $1,300.00. I am advising any person if you ever need to take out a loan don't use your car. I have paid triple on this loan. Can anyone in the legal field help me? I have had no success in trying to arragement a settlement offer from any company representative.

They have also accessed my account three times without my permission, (because they have this info on file), which has caused a series of checks bouncing, which I have incurred bank fees on.

This report was posted on Ripoff Report on 01/15/2011 06:05 PM and is a permanent record located here: https://www.ripoffreport.com/reports/speedy-cash/witchita-kansas-67205/speedy-cash-dba-galt-ventures-inc-title-loan-excessive-interest-fees-witchita-kansas-683084. 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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