- Report: #1359139
Complaint Review: Titlemax - Kingsport Tennessee
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Titlemax
1112 E. Stone Dr. Kingsport, 37660 Tennessee, USA
Phone:
423-246-3920
Web:
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Titlemax This Place is a ripoff!!! Do not go there unless you're going to pay it off within 30 days! Kingsport Tennessee
I made a $1200.00 loan in Sept of 2016.. I have been paying on it every month with at least $200.00/month. It is now March 1st, and they tell me I still owe $926.00. How the f**k??? I know I didn't read the contract that well, but they showed me a amortization schedlue before I signed it, showing the payments decreasing to $0.00 over 12 months. It looked reasonable, but I was ripped off! They deny ever showing me any amortization schedule, and insist it was only a 30 day loan! If I understood that, I would have never have agreed... Please reconsider doing business here if you are in dire need of money, because these blood suckers prey on the people who can least afford it!
1 Updates & Rebuttals
Tyg
Pahrump,Nevada,
USA
As with.....
#2General Comment
Thu, March 02, 2017
As with ANY loan company, you tend to pay on the interest and NOT the principle. This is VERY COMMON and had you ACTUALY read the contract you would have seen that YOU were paying on the interest of the loan. THEY are NOT "preying" or "scamming" anyone. THEY are a HIGH RISK LENDER, also known as a "Deadbeat" lender as most of the people who use thier service have proven by thier own credit report that they cant pay bills on time. YOU obviously fall into that catagory or else YOU would have secured a loan through a BANK, which has BETTER interest rates. While Im 100% sure YOU THINK its a ripoff, the reality is that YOU had no choice due to YOUR poor credit. Perhaps YOU should take this chance to change your credit score so you dont have to continue to use such services.
