- Report: #1210465
Complaint Review: Texans Credit Union - Dallas Texas
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Author Not Confirmed
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Texans Credit Union
5925 Forest Ln., Suite 100 Dallas, 75230 Texas, USA
Phone:
972-348-2000
Web:
www.texanscu.org
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Texans Credit Union Froze my bank account to the tune of $72000 Dallas Texas
Back in 2010 I worked for a dealership. The dealership sold me a vehicle but also gave me an allowance to cover half of the payment. The dealership later eliminated my position. The payment on the vehicle was $700 per month. I had lost my job and the cost of the vehicle was more than I could pay. I cleanup up the car (BMW) and took it to the Texans CU branch. I explained my situation and turned the vehicle over to them. The loan was for $24K total originally. They sold the car at auction for $9000 (what?) then hit me for a full $24K. I didn't even have a job so they sued me getting a judgement. It didn't matter what I said the Judge still gave it to them. Well its been 5 years. I'm still not recovered from the job loss back then. I wake up Thursday morning (yesterday) to find my bank account is frozen. To add insult to injury I lost my job again in January ( a month ago) and I had been waiting on my unemployment check to go in. I had been waiting for four weeks. I have now found a new job but won't be paid until Feb 27th. I called the bank and Texans Credit Union put a hold of $71000 on my bank account for a judgement of $24000 + Fees totalling $36000. So they doubled that to nearly $72K to make sure I had nothing. I called Blalack Williams (the POS attorney they retain) and basically was told they would do what it took to get their money. I called Texans and they told me the debt had been charged off and they don't even have me in the system any longer. So they took the tax credit that year, sold the car for far less than it was worth then hired an attorney to take me to the cleaners.
I have 2 children and a wife. I can't even buy a can of coke at this point. Texans Credit Union and Blalack Williams could care less. They have been sued by many as I have read. DO NOT DO BUSINESS WITH TEXANS CREDIT UNION. They will not work with you, they are in it for themselves completely.
I admit I owe them and believe me I was crying when I dropped that vehicle off. Not only did I love it, but I had just lost my job and didn't know what I was going to do. Not to mention I don't like leaving a bank with a bad debt. They helped me when I needed a car so I didn't want that to happen. But compassionate they are not. Open to negotiate they are not. TEXANS CREDIT UNION are criminal. ITs not legal to even double the amount owed when freezing an account but they did.
2 Updates & Rebuttals
Just the facts Stan
#2Author of original report
Sat, March 28, 2015
No I'm happy to debate. And without the facts I accept your position. I don't dispute I owed them for the car. But at that time it was try to keep a roof over our heads or live in a car. Either way it wasn't going to be a good thing. I worked in the car industry for 11 years and know well how it works. In this instance the scenario you describe would have been fine. Sell the car for what it's worth, hit me for the difference and all is understood. The problem comes in when you take the car to auction and sell it to one of your buddies for pennies and hit me for 1.5 times more than I bought the car for. Then on top of that doubling that amount and (illegally) locking my account for that amount. I have an attorney now and yes it's illegal to do that. As far as you thinking I should only purchase from BHPH establishments, sometimes people do and I don't judge them for it. I personally have recovered from this. I have two newer cars and had already paid off two cars before they pulled this. I'm not a bad person, I simply had a life event that made for a bad situation.
you may return back to your thrown now and cast your rule on somebody that cares.
Jim
Florida,USA
Nothing New Here!
#3Consumer Comment
Sat, March 28, 2015
You took the car to them as a voluntary repo. A repo is a repo. They sold the car at auction and went after you for the difference between what they sold the car for and the amount on the contract. They did this by lawsuit and won a judgement against you. They executed the judgement. End of story. Nothing new here. Nothing immoral, illegal or unethical either. If you actually had the amount of money in the account as you said you did, then you certainly had the ability to pay even if from the account. YOU chose not to, thinking once you brought back the car, it was all over. There definitely was a HUGE RIPOFF here. YOU ripped them off.
Let me save you the effort...don't bother writing back claiming I must work for them, because I don't.
Oh yes, cultivate a list of buy here/pay here deadbeat car lots. That's where you'll get your next car!
