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Report: #1241682

Complaint Review: TitleMax - Bennettsville South Carolina

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  • Reported By: kathyld1958 — McColl South Carolina USA
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  • TitleMax Hwy, 15-401 By-Pass Bennettsville, South Carolina USA

TitleMax RIP OFFS` Bennettsville South Carolina

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I took out a loan on my 2001 Chevy Prizm appr. 1 1/2 yrs. ago at TitleMax located in Bennettsville, SC. I was in need of Christmas money since I am on SS Disability and my medical expenses had piled up on me. The loan was for $600. When I saw the contract I was appalled to see that I had to repay $2000 back, yet my need was so great I actually felt I had no other option at the time because I was maxed out with my other loan companies.

I paid $85 each month until the bill was down to appr. $350. Even though my payment wasn't due until the 25th of the month I paid it either on the first or the third of same month the payment was due in order not to be late.

In June of 2015 I was 2 weeks late. I tried explaining to the lady why I was late but she rudely informed me that when I came in for a payment that I had BETTER bring 2 payments. I told her I shouldn't be paying such a large interest rate in the first place but I was informed that I knew what I was signing in the first place!  A day later (before I could even try to get my money up, my car was repossessed! I feel this was done for 2 simple reasons: The contract was almost paid off and because I made them mad with the conversations above.

Now I don't have any transportation to my doctors, pharmacies, grocery stores, or anywhere else. This is TOTALLY unfair. I was given an option of paying the entire remaining balance before they auctioned it off a week later. Again, I am on a fixed income and cannot afford to do that.  The sad part is: the car has been in the shop for 2 months because I couldn't afford to get it fixed! I was still making my loan payments even though I couldn't drive the car. I told them this but they couldn't have cared less.\

I am advising my friends and neighbors to NEVER get wrapped up in a car title loan. They will wait until your loan is almost paid off and hope you miss a payment so they can get your vehicle for THEIR PROFIT!

This report was posted on Ripoff Report on 07/13/2015 11:39 PM and is a permanent record located here: https://www.ripoffreport.com/reports/titlemax/bennettsville-south-carolina-29512/titlemax-rip-offs-bennettsville-south-carolina-1241682. 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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