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  • Report:  #1341698

Complaint Review: Autoloans LLC

Autoloans LLC Car Pawn Ripoff Nationwide

  • Reported By:
    Jerry — Denver Colorado USA
  • Submitted:
    Tue, December 06, 2016
  • Updated:
    Tue, December 06, 2016
  • Autoloans LLC
    Nationwide
    USA
  • Phone:
    (855) 556-2489
  • Category:

In 2014 I initiated a loan with this company.  They required that I sign a Power of Attorney document for the State of Florida Vehical Dept, send them the title and put a tracking device in my car that they overnighted to me.  Once the tracking device is installed, you call the company, they see your car and deposit your loan in your checking account.     I borrowed $1,600 and the monthly payment was  $352 a month for a year.  I found out at the the end the year they also wanted a one-time payment of $1,900 in order to get my title returned.  I called them and said I couldn't make the final payment and they re-did the loan for another year, $312 a month with $2,100 final payment.  I made a couple of the new payments then stopped paying them.    2 months ago I received a letter from the Colorado Attorney General's office stating that this company could not legally do business in the state of Colorado and that they name they were using was false.  They also stated that the state has sued the company and that I was entitled to any money that I paid them.  The big news, a duplicate title to my car was included with the letter.   This company is run by crooks.

 

 

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