Select Management Resources, LLC Consumer Loan Complaint

Title loan Charged fees or interest I didn't expect

Select Management Resources, LLC Consumer Loan department,

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

Ok I had taken out a Title loan for my paid off vehicle, However back on - 2015 I had needed extension for a week, A gentlemen by the name of - told me I could n't get an extension but I qualify to get an additional $500.00, IF I bring them $340.00, and he sold me on the Idea, when I get my taxes just paid it off. ( But I have n't receive taxes yet ) SO I took the additional $500.00, which was only $160.00 difference. Now I am stuck paying $410.00 a month just on interest alone. Now I ASKED FOR AND E-TENSION FOR FEBURARY AND THEY HAD GAVE ME 30 DAYS. I feel like if he would allowed me to get the extension in -/-/- I WOULDNT BE IN THIS MESS, I AM SPENDING MY WHEELS JUST PAYING ON THE HIGH INTEREST RATE ... ... ..IN -/-/- MY LOAN WAS DOWN TO $800.00 NOW ITS $2100.00 WITH $410.00 INTEREST RATE ...

Select Management Resources, LLC customer in Texas
Mar 17, 2016

* Source: CFPB Complaint Database

Select Management Resources, LLC response to complaint:
Closed with non-monetary relief

Created with Highcharts 4.2.3Select Management Resources, LLCComplaint HistoryComplaints7/20148/20149/201411/201412/20145/20158/201510/201512/20153/201610/201600.511.522.5Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Select Management Resources, LLCCharged fees or interest I didn't expect50.0%50.0%Closed with explanationClosed with non-monetary reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageCharged fees or interest I didn't expect1.3%85.4%6.4%5.7%1.3%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefIn progressSource: Consumer Financial Protection Bureau

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