TMX Finance LLC Consumer Loan Complaint

TMX Finance LLC Consumer Loan department,

Title loan Charged fees or interest I didn't expect Charged fees or interest I didn't expect Texas

I am a - single women living on a fixed income. I took out a title loan with Title MA- for $3200.00 in - of 2014. I understood that I would have a payment of $410.00 each month until I reached the total $3600.00 which was the loan plus interest. After - payments of $410.00 each month or $3300.00 I still owed $3200.00 of principle and another $410.00 of interest. When I realized that the payments were only fees I asked the women at Title Max " do you expect me to pay this every month and not pay off the loan ever? If I had been told that I would have never taken the loan. " In the first week of - I had an accident that totaled my car. Now Title MA- wants to keep $3600.00 from my insurance settlement. Which means that I will have paid $3700.00 for the loan which I had for less than a year. Now that I know how the loan was structured I have come to realize that Title MA- gave me the loan so they could get my car from me. Now since they are taking $3600.00 from my settlement I will have only $400.00 left and will not be able to replace my car.