Phillips & Cohen Associates, Ltd. Consumer Loan Complaint

Vehicle loan Problems when you are unable to pay

Phillips & Cohen Associates, Ltd. Consumer Loan department,

Vehicle loan Problems when you are unable to pay New Jersey

I had a vehicle that was repossessed, for failure to make payments as agreed. The vehicle was sold by the bank ; but not for the amount in which they were expecting. So, they expect me to pay the difference. Now keep in mind the vehicle was taken from me so I feel that all legal obligation to repay the difference is not my responsibility. I have a collection company that is hounding me to pay the difference. I feel that this is not fair to me, and I refuse to pay the cost.

Phillips & Cohen Associates, Ltd. customer in New Jersey
May 09, 2016

* Source: CFPB Complaint Database

Phillips & Cohen Associates, Ltd. response to complaint:
Closed with non-monetary relief

Created with Highcharts 4.2.3Phillips & Cohen Associates, Ltd.Complaint HistoryComplaints5/201600.250.50.7511.25Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Phillips & Cohen Associates, Ltd.Problems when you are unable to pay100.0%Closed with non-monetary reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageProblems when you are unable to pay0.7%9.6%1.3%0.2%1.8%4.3%80.7%1.3%Untimely responseClosed with non-monetary reliefClosed without reliefClosed with reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

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