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Auto loans llc This company lent me $3000.00 on July 1 ,2015 I have paid them 8 payments of $484.00 and now there telling me that I owe them $4700.00 or there going to repossess my car isn't this extortion or racateering Cooke island
I am reporting auto loans llc says the loan is out of Cooke island but actually they are out of Florida they are changing 100% interest on title loans and title loans are illegal in the state of North Carolina I paid them $3200 .00 on a loan I received from them $3000.00 and now there stating I owe them $4700.00 this loan is a 100% a month interest this is racketeering n extortion now the are trying to take my vehical.
1 Updates & Rebuttals
Jim
Florida,USA
What Does The Contract Say?
#2Consumer Comment
Tue, March 22, 2016
All the terms of the loan would have been disclosed in the contract YOU agreed to. Did you read it? What does it say? Since you seemingly are surprised by the amount you need to repay, I'll bet you didn't spend one second reading the contract! Secondly, title loans are not illegal in North Carolina!