TitleMax customer warns of deceptive car title loans

TitleMax customer warns of deceptive car title loans

[mrsmith]

It’s actually NOT entrapment. It’s predatory lending designed to take advantage of desperate uninformed people that own their cars outright and have a clear title….

[esteemedenergy]

Avoid Titlemax with passion. I had a job offer for a Regional manager, I turned it down so I can sleep at night and look in the mirror, proud.

[elizabethspells-simmons]

They are definitely ripping people off! Once you pay the loan off, they still hold a lean on your vehicle. You have to go and pay an additional fee to get your title cleared through the state. Never ever would I refer anyone to use this business EVER!!!

[Asinceday-]

We still have to read ! We still have to be accountable for that portion....she she she ...but did we read. Glad it was a positive ending though. I was literally considering this for a small 1200 to help my moms rent just 2 months, but I will door dash instead. Thank you for the heads up WTOC !

[Ben-ehbq]

Title as needs to be sued out of existence

[amberramos]

How do I get help with my same situation. In Texas. They did this exact same thing to me. I was told exactly the same thing they told him about my loan. I've paid about $10, 000 on a $1, 200 loan. They told me oh you can pay it off monthly. But to start I only asked for $200 loan and then they told me here is where you sign and your money will be on your card soon and that is all I was told.

[Angela-ryl]

I had a title loan with them and paid it off it was expensive but the money saved our lives and got us home 🎉❤ THANK YOU TITLE MAX!!

[magatexan]

Glad my grandpa taught me that if it sounds too good to be true, that's because it most likely is.

[ItsKristiannn]

Im sure people know of the contract they just don’t think when they need the money then cry later. It looks clear in the contract it ese for a month

[JenniferCameron-gn]

My isn't even going towards the interest. Not even the principle

[Jwh]

They did the same thing to me but this was in rincon ga right down the road from here it’s just legal loan sharking I had to get a loan from one main financial to pay it off and then I pay them back highly recommend doing that and report title max to bbb

[howardvanpelt]

Tittle max you pay 100 more then you own it sucks

[shantemartin]

GET EVERYTHING IN WRITING!! AND READ EVERYTHING!

[lookblo]

first mistake, you went to a strip mall looking for a loan

[lookblo]

second mistake, not reading your contract

[BLAKEMITCHELL-wn]

It's designed as a 30-day, short-term loan. The interest only pays the company to hold your title for another 30 days to buy you time to pay off. Anything paid over the interest goes towards the principal and lowers it. Don't be greedy when told the amount that is offered - you don't have to take the whole thing. Get what you need - not what you want. Ask questions. Pay above the interest. It's just like a pawn shop - hence, "Title Pawn."

[Diablo-sbnl]

Repossessed my car then swapped its plates at the salvage yard in Rincon Ga. Lawsuit incoming

[amandaoverbeck]

I took out a title car loan here in Missouri and told them I needed a little more time to make a payment and wouldn't work with me at all. The loan I took out costed me more than the loan I took out. I would not recommend noone to ever go to them.

[twajuanacraig]

They don't find you. They build the business and you end up needing them or they are the only place you can go. Not entrapment

[NinjaRN]

Why does he need help with child care? Where is the child’s momma? Title Loans are terrible.