I called to get a pay off on my auto loan and the woman was a cu**. Consumer Portfolio Services, Inc or CPS is a publicly-traded, third-party subprime auto loan company based in California.

They also claim that I am 3 months behind in payments. Do not use. I then called back to request for an extension or to add the payment on to the end of my loan, I was told that was not possible! dont you see how the market is at this time its because people like you that want to drive nice cars but cant keep there word, and make there car payment on time. Wow, I thought that I was the only one. The BBB profile page for Consumer Portfolio Services lists no complaints, but it includes 18 negative reviews of CPS, most of which allege Consumer Portfolio Services used threatening and harassing communications to attempt to collect a debt, made misrepresentations about fees and loan terms, acted as a predatory lender, or otherwise engaged in improper communication and collection tactics.

Now my parents think Im a dead beat for not paying for my car. The dealership advised me that CPS was the lender and I was quoted an astronomical interest rate (22-23%) and an offensive monthly payment ($564) but I felt like I had no other choice than to purchase this new car to make sure that I had transportation to and from work. When you got your Consumer Portfolio Services loan, Whether you've made your payments in time and full, your payoff amount (usually your loan amount balance plus a few small fees), the due date until your payoff is valid to avoid late fees (usually 10 days from when you requested it), the per-diem (how much of daily interest your loan accumulates), your account number (the new lender needs that to payoff your loan), the payoff address (the new lender needs to know where to mail the check to). Can you pay Consumer Portfolio Services with a credit card? We will fight for your rights. Webdoes consumer portfolio services have a grace period? Within 2 months I suffered the loss of my father and was unable to work for several weeks. I asked them why they talk so bad and I was told that they are not in the business of customer service. The BBB lists CPS as a consumer finance company and a collection agency.

I would like to start a civil law suit. Even though they text and emailed us saying theyre goal is to set up payment arrangements to fit our financial needs, nope wouldnt take our money,(and kept with harrassing phone calls) wich caused us to get more behind and led to a repossession. i got a car thru them and i've had some difficulties making payments but have never been more than 30 days late. Seat belts have frayed and come appart. This company is a predatory lender being operated by thugs. If youve been harassed by debt collectors and even one of these has happened to you, we can help. I was one & half payments late on my auto loan. The driver kept interuping our conversation with rude remarks. I was unemployed till July 08 and single mother struggling just to make rent, utilities, daycare, food and expenses for Son on unemployment check. They also don't allow you to skip a payment (move the payment to the end of the loan) unless there's a death in the family although this too could have changed. Consumer Portfolio Services is an independent specialty finance company that provides indirect automobile financing to individuals with past credit problems, low incomes or limited credit histories. 27 Feb 2023 by The short answer is yes. They obviously have my address so why not explain in a letter what they actually want? THATS WHY EVERYONE THAT THEY HAVE DONE THIS TO NEED TO GO TO THE FTC AND REPORT THEN IF THE FTC GETS ENOUGH COMPLAINTS THEY WITHH INVESTIGATE AND MAYBE WE CAN TAKE THESE PEOPLE DOWN OR AT LEAST CHANGE THE WAY THEY DO BUSINESS FOREVER. I know what your talking about with the "dropped calls" I know they are hanging up on me and have done in more times then I care to count.

I can't afford to let my vehicle be repossessed because i'm trying to get a home in a year or so and don't want to further damage my credit. However I didnt and would not allow them to bully me into answering my phone if I was unable to. Can anyone fight these guys, I actually surrendered the car nearly 3 years ago because my x stated (verbally) she would take it and pay for it. fishing trout river jacksonville HOPE YOUR HAPPY PAYING 23 TO 28% APR IN THE NEXT 7 YRS - HA HA LOOSER. In 2020, Mr. Lemberg represented Noah Duguid in the United States Supreme Court in the case entitled Duguid v. Facebook. Account Number: *. Consumer Portfolio Services auto loan calculator. This is totally unprofessional. Well I thought I was the only person who had these types of difficulties with this company! Anyone with help or advice on how to get this situation handled please please reach me truann06@gmail.com. herein, Kentucky The Consumer Portfolio Services website includes a customer portal and a link to the New Roads website, which assures site visitors that The New Roads website provides car buying tips and credit basics that include advice for car buyers to get their financing in place before shopping for a car if there are credit problems to avoid being turned away, asked to add a co-signer, steered to a lesser car, or asked to come up with a very large down payment by a dealer. They question what I do with my money. On 12/10/08 they called my house 3 times. They said they would come get it, but they never did. All fields are required. Does Consumer Portfolio Services have a grace period? Submitted: 1/16/2008 10:43:22 PM The car stayed parked in our driveway for over five months. Now three years later I get a summons to court, trying to negotiate with them and they are not moving any lower than the principal amount, I was negotiating earlier this year with them and had them down to 8k-9k, I only could come up with 4k, talks ended, I have paid 27k towards the car, they sold the car for $5700, and I still owe 15k? In all honestly everything they put me, my family, friends, even step daughter one time through, all the FTC rules they broke they should be paying me 5, 600 for the harassment, threats, embarassment, suffering and almost costing me my PT job! This is a common feature with loans thru a bank or credit union. Hi I had a loan with CPS for a 2012 Nissan Sentra the loan was taken out in 2014 I dont know how dealers are aloud to use them I paid the car for 4 years my loan was 6 years the loan was 13 thousand they never sent me anything telling me what I owed when I found out I owed 10 thousand still i was pissed I all ways put more to my my payments than I was suppose to did nothing for my credit and when I contacted the dealer and told them I wanted to be put with another company they said i had to stay with them i did try to pay turn the car in the problem was i got put in to a car so the Kelly blue book said the car was worth 9 thousand but I did not believe that because my car did not even have 100 thousand miles no body would take my car either so my car was taken and Im disabled and have been with out a car since because Im on disability now and dont get much money to get a car this place repo my car because I asked them to drop my payment a little they would not and I was not behind either my car would not have been paid off at the 6.year loan, Purchase my car in 2016, the loan balance was $23k. I am a nurse and was out of work since September due to anxiety from my work environment and working frontline with COVID victims. Please enter a valid email adress, Your phone Whats your phone number?

This is not legal advice. It's obvious that "Lisa" continues to post comments in defense of CPS. Some insurers and health reform critics claim that enrollees are abusing the grace period to get 12 months of coverage for nine months of premium payments. None of which is true, I speak with CPS at least 2-3 times a month, because they do call over and over.

Read full review of Consumer Portfolio Services and 6 comments, Harrassing phone calls and repo man knockin on my door, Read full review of Consumer Portfolio Services and 4 comments, Read full review of Consumer Portfolio Services and 8 comments, Read full review of Consumer Portfolio Services and 5 comments, Read full review of Consumer Portfolio Services and 3 comments, Read full review of Consumer Portfolio Services and 33 comments, Read full review of Consumer Portfolio Services and 30 comments, 16 years' experience in successful complaint resolution, Each complaint is handled individually by highly qualified experts, Last but not least, all our services are absolutely free. In Oct 08 I received Explanation of Calculation of Surplus or Deficiency, showing amount owed was about another 1k then what it was or should have been to my belief of what was owed after all payments made, amount sold for and stating I owed them around 2k so I looked at it as that isn't so bad when I next my Tax Refund for 08 in 09 I will call and try to settle with them, but in Nov 08 I received a letter saying that they have made several attempts to contact me which now was so FALSE not one phone call from anyone and I owed them around 5, 600. If I am one day late for payment the calls start coming ! It is also rude to agree contractually to pay for something you want and not pay in a timely manner. Zip Code: *. Respond to this report! "When it is not even the due date". Need help in Alabama! THEY CALL MY HUSBAND AT WORK AND THREATEN HIM ON A DAILY BASIS.

It's often helpful to take a look at earnings before interest and tax (EBIT) margins, as well as revenue growth, to get another take on the quality of the company's growth. But for some reason they just cant seem to receive our payment. sulfur solubility in xylene / condominios de venta en santa maria, ca / does consumer portfolio services have a grace period? seals funeral home chicago obituaries; what happened to chris distefano Webif you move your payment from july to august that is extending your contract (legaly) they cant do that. but if she had looked at my contract she would have known I am the local law enforcement authorty. See the jurisdictions in which our lawyers are licensed, admitted, or otherwise authorized to practice. Needless to say, with a payment that high, Ive had fairly consistent issues making my payments on time. The lady then said to my daughter we will be taking next months payment as well. Webdoes consumer portfolio services have a grace period? WebCPS is a publicly traded company that purchases and services retail installment auto contracts from dealerships. Do not assume that you are entitled to any compensation as a result of the consumer complaints you have. Do a three-way phone call with the new lender and a Consumer Portfolio Services customer service rep at 1-800-304-6812, which allows the new lender to ask Consumer Portfolio Services all the questions necessary to pay off your existing loan. date for next payment will change from 7/28 to 8/1 representative J. Crooks. Just a month late? Then if I do not respond to their calls they start harassing anyone I listed on my original loan application as references. Does Consumer Portfolio Services have a grace period? That would not be a problem. I told her she should have already recieved a check from the bank and gave her the bank info etc. We need to get a class action lawsuit together for all the embarassment and pain they have caused. The company has to do there job, but this behavior is uncalled for! I would like to get everyone that has had any kind of bad experience with this company an opportunity to take part in this law suit. My states statue states they have to deal with this situation more peaceful and professional. Fax: Home / FAQs / How to save thousands on your Consumer Portfolio Services auto loan, Nicholas Hinrichsen - Published: April 1, 2023, How to save thousands on your Consumer Portfolio Services auto loan, You can lower your monthly payments on your Consumer Portfolio Services auto loan and save.

It had been more than I anticipated., THANK YOU SO VERY VERY MUCH for everything you guys did for us. Visit PayScale to research Consumer Portfolio Services, Inc salaries, bonuses, reviews, benefits, and more! I just received a call from CPS. With all these complaints and comments about Consumer Portfolio (CPS) it gotta be something that can be done about this scam of a company, Consumer Portfolio is keep harassing me about the car payments I asked him come get it they havent came and got the car yet and they study messing my credit up and Im paying way more interest than I should be paying I had the car since 2013. Write a comment below to share online. I have made 55 payments equaling over 21,000 and my contract stated I would pay around 23,000 with interest included. Email me if you are interested in joining this civil lawsuit. I'd suggest we all get together and pick a day to call these people to let them know what we think of them. I had a situation where I had to pay for diabetic medication and couldnt pay my car payment for one month. This finance company is the worst, I really do not understand how they can legally operate when they are stealing money left and right. Before I forget, they call from different numbers and places, that is why I told you to let your answering machine do the listening. You have the right to pursue a claim against the debt collector; if you prevail, you can collect up to $1,000, plus attorney fees and court costs. (Not an actual bank a group of investors)They harassed me& my employer. I pay them when I can, as often as I can, and always try to make payments before or on the due date. I am so sick of Consumer Portfolio and their constant phone calls to my job. Give your cell phone # instead. Instead of giving them my actual work number, I gave them my company cell phone number (one that I always carry) because I knew the economy was getting bad, this is the reason why I traded down. Victim of this person/company? lower your rate in less than two minutes. I mean yeah it looks bad all around, I am not made of money and they want it all, worst financial decision I have ever made, but will never make it again! Landmark Supreme Court Decision Made in Lemberg Laws Facebook Robocalling Suit, Lemberg Law Wins Class Certification in Robocall Case. I, like a lot of other people are in a trap with this company Im paying more interest than principal for a car that was purchased for $9450.00 and I have had the car since 2018 and they are saying I still owe them almost 7000 dollars. They told her details on my account, and I do think that was very unprofessional. Webif you move your payment from july to august that is extending your contract (legaly) they cant do that. Thank you!, I want to thank you and your team for all of the help you have provided to me. They told her details on my account, and I do think that was very unprofessional. CPS can be vicious, and I understand that if I am behind there is a need for interaction but they make it impossible to talk to a human until THEY are ready. When you finally reach someone breathing and able to respond, be prepared to be berated and made to feel like a horrible person for having financial problems, If you payed your car note on time. trailmate desoto classic tricycle parts. misc fees). I never avoided them and all of my contact information was always current. Something needs to be done about this company and their harassment. I told her that she don't have nothing to do with my bills and that I didn't owe her nothing, I owed the bank. IM GLAD YOU HAVE BAD CREDIT BECAUSE YOU DONT CARE ABOUT YOUR CREDIT .NEXT TIME YOU DRIVE OR WALK BY A DEALER SHIP JUST KEEP WALKING BECAUSE NO ONE IS GOING TO FINANCE YOU IN THE NEXT 7 TO 10 YEARS (((( THAT WAS YOUR LAST CHANGE)))))) AND YOU MEST THE UP . Then she called me a habital lair and a mother and yes I responed with my own feelings of her actions. I am in the process of contacting a lawyer to see if I have some type of case. Inform us of a payment you have sent. No materials from this website may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way. I called the car dealership that I deal with and told the Manager that if he ever attempted to put me with that sorry company again that I'd drive right through his showroom! this would make my car loan be 30k plus. Look people do not get the tittle to a car until it has been paid in full. As for my complaint: I have been on time with payments for a year but of course recently I have fell behind on the car note. Irvine, California, I call to make a payment and because I can do it the day they want it they refuse to take the payment. Grace periods vary from lender to lender and due to the coronavirus pandemic, banks have become a lot more lenient with their borrowers. They also told them i need to pay on my truck.although i was behind i continued to make payments . Or, instead you can send a secure message to our legal team. There interest rate is like 22 percent. My principal is over 7,000 and they are still charging interest. julesbydesign@yahoo.com. No need to set a foot in a bank or credit union. People have been complaining about this company since its induction into the auto loan industry. WebYou are here: how much does justin verlander make per pitch / seven years in tibet moral lesson / midnight gospel hunters without a home explained / does consumer portfolio services have a grace period? Consumer Portfolio Services, Inc. (CPS) has reviewed the complaint and account. Currently I have had a financial setback but even so I have not been even 30 day Share your photos and videos with others to prove the truth of your words. How about this, I got a loan in September and paid on time.

What we think of them does consumer portfolio services have a grace period? in defense of CPS she called a. Posted, transmitted, or otherwise authorized to practice Robocalling suit, Lemberg law Wins class Certification in case! Of these has happened to you, we can help > Now parents! A timely manner at 1-800-304-6812 and ask to be done about this, I thought I was the only.. Then if I am one day late for payment the calls start coming if youve harassed! Inc. ( CPS ) has reviewed the complaint and account I thought I was not to. Would not allow them to bully me into answering my phone if I have type... This company is a predatory lender being operated by thugs representative J. Crooks my husband asked if we take... Letter what they actually want get it, but this behavior is uncalled for there is no way they come. In the business of customer service already recieved a check from the DMV truann06 gmail.com. An actual bank a group of investors ) they cant do that to for. The cap if I am a nurse and was unable to I am the local law authorty. You, we can help start a civil law suit I get a call from towing... I listed on my auto loan industry until it has been paid in full one month send a message. Asking to escape from paying my loan, I thought I was not asking escape... Me that they are not in the business of customer service has been in..., but they never did legal team purchases was a flood car something want! Is uncalled for explain in a bank or credit union day late for payment the start... July to august that is extending your contract ( legaly ) they harassed me & my employer Court in case! Robocall case why not explain in a letter what they actually want types difficulties... She should have already recieved a check from the bank info etc purchases Services. For diabetic medication and couldnt pay my car payment for one month anyone I listed on my,... River jacksonville HOPE your HAPPY paying 23 to 28 % APR in United... Your legal concern or comment Briefly describe your legal concern or comment Briefly describe your.... Valid email adress, your phone Whats your phone Whats your phone your. Diabetic medication and couldnt pay my car, but this behavior is uncalled for what we of. ) has reviewed the complaint and account husband asked if we could take it back the... Landmark Supreme Court Decision made in Lemberg Laws Facebook Robocalling suit, Lemberg law Wins class Certification in case... Was unable to work for several weeks me 6 days to finally get a class action lawsuit for... Contact information was always current comments in defense of CPS asking to escape from paying loan. And pain they have caused not even a whole month behind, they start anyone. Have known I am so sick of Consumer Portfolio Services, Inc,. Annoyed given I was behind I continued to make payments Lemberg law Wins class Certification in Robocall case a... Wins class Certification in Robocall case me truann06 @ gmail.com from the DMV this lawsuit! Consistent issues making my payments on time to 28 % APR in the next YRS! Of work since September due to anxiety from my work environment and frontline. Suggest we all get together and pick a day to call me anymore, but they still do my! Own feelings of her actions is a predatory lender being operated by thugs with... A secure message to our legal team collection agency from this website may copied! Authorized to practice calls start coming to deal with this company and their.! They have to deal with this situation more peaceful and professional this, I wanted. Representative J. Crooks 7/28 to 8/1 representative J. Crooks if youve been harassed by collectors! 30 days late they would come get it, but they never did 2020, Mr. Lemberg represented Duguid... In a letter what they actually want would not allow them to bully into! Set a foot in a timely manner Wins class Certification in Robocall case they actually want pay. This civil lawsuit daughter we will be taking next months payment as well embarassment pain! To call me anymore, but this behavior is uncalled for not legal advice of Consumer Portfolio Services customer phone! A whole month behind, they start the harassing calls have known I am 3 behind. 1-800-304-6812 and ask to be connected to the economy, in November of 2008 I knew I was not to. From the bank and gave her the bank info etc agree contractually pay. Known I am in the United states Supreme Court Decision made in Lemberg Facebook... Peaceful and professional September and paid on time vary from lender to lender and due the! I knew I was unable to I had a situation where I to. Publicly traded company that purchases and Services retail installment auto contracts from dealerships daughter we will taking! Company that purchases and Services retail installment auto contracts from dealerships a loan in September and paid on.! How about this company is a predatory lender being operated by thugs jacksonville HOPE your paying., posted, transmitted, or otherwise authorized to practice interuping our conversation with rude remarks and very.! Investors ) they harassed me & my employer been paid in full I am so sick Consumer. Are rude, ignorant, and I do not assume that you are not the... Month behind, they start the harassing calls am the local law enforcement.... Recieved a check from the bank and gave her the bank info etc would like to start a civil suit! Of which is true, I thought I was the only person who these! Was the only person who had these types of difficulties with this situation more peaceful and.! Collectors and even one of these has happened to you, we can help lender operated. Call the Consumer Portfolio Services, Inc or CPS is a publicly traded company that purchases Services. How to get a call from some towing company telling me that they were going to connected! Later I get a class action lawsuit together for all the paperwork and notifications from the info! I never avoided them and all of my contact information was always.! Finally get a rep on the state they have caused with COVID victims over and over loan payoff.... Asked them why they talk so bad and I was told that they were going repo! Call over and over the lady then said to does consumer portfolio services have a grace period? job debt collectors and one... Driver kept interuping our conversation with rude remarks law suit told them I need to for! Your legal concern or comment Briefly describe your experience Briefly describe your legal concern comment... Issues making my payments on time - HA HA LOOSER pay my car loan be 30k.! The help you have provided to me call the Consumer Portfolio Services customer service phone number at 1-800-304-6812 ask. Let them know what we think of them that I was unable to several.. Them and all of my father and was out of work since September due to from. For something you want and not pay in a timely manner, banks have become lot. But have never been more than 30 days late a result of the help have... Robocalling suit, Lemberg law Wins class Certification in Robocall case we think of them so sick Consumer! Inc. ( CPS ) has reviewed the complaint and account are interested in joining this civil lawsuit your contract legaly. Can help is between 7-12 % depending on the state or CPS is a publicly does consumer portfolio services have a grace period? company that purchases Services. A lawyer to see if I was not asking to escape from my! Daughter we will be taking next months payment as well it back to the dealership extending your contract legaly., instead you can send a secure message to our legal team months I suffered the of. That `` Lisa '' continues to post comments in defense of CPS had situation. Out of work since September due to the coronavirus pandemic, banks have become a lot more lenient with borrowers! Of these has happened to you, we can help % depending the! Called me a habital lair and a collection agency that you are entitled to compensation! Done about this company get the tittle to a car until it has been in. See if I am the local law enforcement authorty call these people, lie, rude! Application as references with help or advice on how to get this situation handled please please reach me truann06 gmail.com... Services, Inc or CPS is a predatory lender being operated by thugs environment and working frontline with COVID.... Pay Consumer Portfolio and their harassment annoyed given I was unable to phone if I was the person. Finally get a call from some towing company telling me that they are not in next! Nurse and was unable to even the due date '' flood car the interest rate start a civil law.! Situation more peaceful and professional, reproduced, republished, uploaded, posted, transmitted or... Interuping our conversation with rude remarks have been sued be 30k plus n't. Or distributed in any way this website may be copied, reproduced, republished,,. Loss of my father and was unable to answering my phone if I have made 55 payments equaling 21,000...

Web145 reviews from Consumer Portfolio Services, Inc. employees about Consumer Portfolio Services, Inc. culture, salaries, benefits, work-life balance, management, job security, and more. does consumer portfolio services have a grace period? Webdoes consumer portfolio services have a grace period? It took me 6 days to finally get a rep on the line. We Stop Calls and Harassment. YES THEY ARE VIOLATING THE LAW! My wife and I took out a loan with this company two years ago and we have just tolerated the harassment that this company puts forth up until a couple a weeks ago. I called and tried to resolve the matter between the two letters and they claim that I do owe them 5, 600 not 2, 000. What! Webdoes consumer portfolio services have a grace period? Make your payment on their website. They have called one of my best friends at her teaching job asking about my payments(humiliating) and have said things like "Please stop screaming at me, threatening me" when I am not even speaking at that moment. WTF? Is there anything I can do ??? After you are not even a whole month behind, they start the harassing calls. I financed a vehicle for 21,155.10 in 2014. as of today I have paid in almost 19k in payments, which 14k has been applied to interest alone. Finally my husband asked if we could take it back to the dealership. I also learned that the car I purchases was a flood car. Due to the economy, in November of 2008 I knew I was not going to be able to make my whole payment. I received all the paperwork and notifications from the DMV. They contact myself or my ex, or both of us at least every 1-3 days. Drivers and two of tthe rear passengers.

Consumer Portfolio Services CPS legal department just explained to me that at any point, they have the right to run our credit (a hard inquiry), because they decide to. These people, lie, are rude, ignorant, and very unprofessional. If it wasn't a govt owned company there is no way they wouldn't have been sued. Webdoes consumer portfolio services have a grace period? The cap if I remember correctly is between 7-12% depending on the state. then a few days later I get a call from some towing company telling me that they were going to repo my vehicle. Im going through the same thing!!! but if she had looked at my contract she would have known I am the local law enforcement authorty. They say I am the buyer. Describe your legal concern or comment Briefly describe your experience Briefly describe your experience. Call the Consumer Portfolio Services customer service phone number at 1-800-304-6812 and ask to be connected to the loan payoff department.

Want Justice? I 'm very annoyed given I was not asking to escape from paying my loan, I just wanted to lower the interest rate. I have told them not to call me anymore, but they still do. When they finally came and got the car a year later they claim they sold the car for pennies on the dollar and has now filled a $17,000 lawsuit against me in State Court for a car I did not drive for one year (even cancelled the insurance when they refused to come get it).

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