Consumer Portfolio Services Consumer Loan department,
Vehicle loan Managing the loan or lease Maryland
This loan is a predatory loan in which I am paying. I signed a contract to purchase a - - - at - on - -. The interest rate on this loan is 17.95 %. The car is now only worth $6300.00 at trade in value. My pay off at the moment is $15000.00 after 2 years. The loan company named Consumer Portfolio Services is charging me 3 times over what the car is worth. I feel I was scammed into this loan and I have no way of trading the vehicle in with the large negative equity I have with this car.
Consumer Portfolio Services customer in Maryland
May 06, 2016
* Source: CFPB Complaint Database
Consumer Portfolio Services response to complaint:
Closed with explanation
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