Wheels Financial Group, LLC Consumer Loan Complaint

Wheels Financial Group, LLC Consumer Loan department,

Vehicle loan Taking out the loan or lease California

In -, I was in need of a loan to move and the television and radio were inandated with advertisements from " 1-800- Loan-Mart - '' I called and they offered me a " title loan '' for $10000.00 specific to my - Toyota Camry. The payment was and remains a staggering $850.00 per month. Also, my ex-husband bounced a check to me in - -, which prevented making a payment so I called for an extension to which they repossessed my car, for the payment and charged me almost $2500.00 to get the car back. The car was in the possession of an auctioneer only -, which is where I retrieved the car from. I have been paying the $850.00 monthly for over two years and the principle balance or payoff remains just a - less than the original loan. What guidelines regulate the loan industry and why are they permitted to be rude, abusive and lend money like - loan sharks?