Byrider Franchising, LLC Debt Collection Complaint

Auto False statements or representation attempted to collect wrong amount

Byrider Franchising, LLC Debt collection department,

False statements or representation Attempted to collect wrong amount Ohio

I was not able to finance a car through CNAC without a co-signer. I purchased a 2006 - for $5000.00 above blue book value ( $12000.00 before taxes and interest ) due to not having a credit history, with a cosigner. I made all payments and on-time, I was never late. I had a life crisis and took the car back and it was a voluntary repossession. They then let my cosigner buy off of the contract, which did not credit towards the debt, and then sold the car at auction for $120.00, leaving me to pay $9000.00 on the car still. I ca n't believe that there is n't a law preventing companies from screwing '' someone this badly. I was a responsible borrower who kept to the payment plan exactly and when disaster struck, I tried to make things easier for everybody by taking the car back before I moved out of state, just in case I would n't be able to make payment. Not to mention, they told me that if my situation turned to the better before it was sold that I could pick it back up and continue where I left off, and I was able to make my next payment, but they would n't allow my cosigner to pick the car back up for me before they sold it, due to the person managing the account is on vacation. ''

Byrider Franchising, LLC customer in Ohio
May 25, 2015

* Source: CFPB Complaint Database

Byrider Franchising, LLC response to complaint:
Closed with explanation

Get Help

Get personal financial help today. Free tools, resources, and support you need.

Help Me

File a complaint

Submit a complaint with the Consumer Financial Protection Bureau today

File Complaint

Stop Phone Calls

Stop the phone calls, learn how to stop harassing phone calls

Stop Calls

Loading similar complaints

{{x.COMPANY}} {{x.ISSUE}} {{X.SUB_ISSUE}}

{{x.COMPLAINT_WHAT_HAPPENED | preview}}...

Read more