TitleMax Don't Do It, It's a RIPOFF Griffin Georgia
if you need money, do not under any circumstances use titlemax. you will never finish paying them. for $500 you pay well over a year if you ever miss one payment. if you know of any types of legislation we can be a part of to help close these money sharks down please let me know. they prey on the poor, working class.
Unsatisfied Customer
Griffin, Georgia
U.S.A.
1 Updates & Rebuttals
Jason
Simpsonville,South Carolina,
U.S.A.
How would you like it?
#2Consumer Comment
Thu, August 18, 2005
I don't know your situation, but it sounds like you took one of those "Money for your car title" things... I don't know how they work, other than your car is the collateral for the loan, and if you stop paying, they take your car.
You say "if you miss one payment", so I assume you did just that. There are penalties for that. You agreed to pay the money back in a certain way, if you don't there's penalties. Yes, these big companies COULD let it slide, but why should they do that just for YOU? If they do it for everyone, then everyone would miss payments.
How would you like it if your employer decided that he needed to miss paying you for the month? Don't worry though, he promises that he'll catch up next month.