Financial Asset Management, Inc. Consumer Loan Complaint

Financial Asset Management, Inc. Consumer loan department,

Title loan Lender repossessed or sold the vehicle Utah

In - - I took out a title loan on my - - -. I borrowed $1900.00 from Check City located on - - - - - - -, Utah. I was unable to make my payment in -. I contacted Check City and advised them of my circumstance. They assured me everything was okay and to make the payments as soon as I could. On - -, - my account was turned over to their collection department. With a balance owing of over $2800.00. They charged me a $400.00 late fee in - and a $400.00 late fee in -. I made - payments in - totalling $500.00. - payments were made in - totalling over $800.00. In - there were - payments made each an automatic withdrawal from my bank account in the amount of $270.00 totaling $530.00. By - - - I made a total of $1800.00 in payments on a loan for $1900.00. On - - - Check City reposed my vehicle at -. Stating I owed $1300.00 plus an additional $320.00 for repossession fee. It is completely unjustified that Check City was allowed to charge me $800.00 in fees $400.00 of which was charged the same month I made a $500.00 payment. If it were not for these fees my loan would have been paid in full with - last payment of less then $40.00. My vehicle should have never been at risk for repossession if it were not for the unregulated tactics of this title loan company.