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  • Report:  #841590

Complaint Review: titlemax - oak ridge Tennessee

Reported By:
mandy - oliver springs, Tennessee, United States of America
Submitted:
Updated:

titlemax
illinois ave oak ridge, 37830 Tennessee, United States of America
Phone:
8654832048
Web:
Categories:
Tell us has your experience with this business or person been good? What's this?
    I went to Titlemax to get cash for my title,after reviewing information,going over paperwork & approval,titlemax offered me $500 for my mini van so I excepted it. While this was back in July of 2011,it is now february 2012 and I'am still paying on this loan,as I pay $83 every month on this loan and have been paying that amount since august of 2011.Which is a total of $492 on past,paid monthly payments.

    As I contacted Titlemax to obatin my current pay-off balance they had informed me that it was $405.28. Therefore,after paying of this balance & adding the total of the past months payments,a $500 loan from titlemax 7 months later had actually cost me almost $900.00.

     Another problem that I had with Titlemax was that they were very rude and disrespectful.When working with the loan agent she informed me that usually on a $800 loan,you end up paying $1,000 or within that nature. She was very friendly as I was just begining to work with them. As I later found out that when it was within a week of my monthly payment I would get texts messages & phone calls non-stop. If it was on the day my payment was due, they would try to contact me which seemed to be almost every hour on the hour.

     I just learned my lesson and glad I was able to pay the loan off and not be bothered with that stress. Never again will I go to them or recomend them to anyone. This place does not need to be lending out loans and expectiing the world in return.They have a way of trying to make you feel as if they own you or they will heavily over charge on a loan.


1 Updates & Rebuttals

coast

USA
question

#2Consumer Comment

Sun, February 19, 2012

"they will heavily over charge on a loan"

How much over the agreed amount were you charged on the seven-month loan?

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