- Report: #434149
Complaint Review: Consumer Portfiolio Service - CPS - Irvine California
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Consumer Portfiolio Service - CPS
po Box 57071 Irvine, 92619-7071 California, U.S.A.
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Consumer Portfiolio Service cps was calling us even before the payment was due, then they chance due date 3 times and was calling us all kinds of name which i will not repeat on computer Irvine California
we have had cps for when we got our car 4 years ago.they have called us every month even before my car payment was due,i already pay them more then the car is worth and they say i still own them another 2 years yet.i get a statement and there always seems to be another month added to it,one month it said i own 5900.00 and after i made a payment the balance was over 6100.00,the more i pay it seem that they keep adding more then i own them,i think someone need to take them the cleaners because of how they are ripping off everyone.i would be willing to do that if i had the means,thank you
Darryl
bryan, Ohio
U.S.A.
Darryl
bryan, Ohio
U.S.A.
1 Updates & Rebuttals
Robert
Irvine,California,
U.S.A.
Well
#2Consumer Comment
Sat, March 14, 2009
Most car loans contrary to what most people believe do not have grace periods. So if your loan is due on the 1st, it is late if you pay on the 2nd. Now there is a penalty date which is generally 5-15 days after this due date when you are also charged a late fee in addition to the regular payment. Are you paying ON the Due Date or AFTER. Because if you are paying after the due date you are being charged additional interest and possibly a late fee. If you are saying you are paying the scheduled amount on or before the due date every month and your balance is still going up. Then you need to get all of your statements together along with the original contract and contact a lawyer to see if they can tell you what is going on. If CPS is doing something wrong, believe me you will not have a problem finding a lawyer as it would be "easy money" with proof.
