| 06/05/2020 |
Yes |
- Debt collection
- Auto debt
|
- Took or threatened to take negative or legal action
- Threatened or suggested your credit would be damaged
|
|
Web |
|
|
Originally obtained a predatory car loan with an interest rate of 26 % through mega auto finance in XXXX XXXX, CA. I believe, and a high car payment, with the vehicle also having a mandatory vehicle disabler, like I was a criminal or something. Than after a few months to a year I decided enough is enough and I volunteered to surrender my car, which was co-signed by my dad. The company sold the car at auction only getting if I remember a third of the loan value. They wanted an additional at the time around {$6000.00} more. I told them that wasnt my problem, that they didnt get the amount they wanted. So they put a derogatory remark on my credit and my fathers. So for each month over the next three or so years they marked as late unpaid. Eventually charging off as bad debt which also said CLOSED. Yet here we are a year Or two after that remark, and they still are reporting negatively. I had attempted last year to settle the debt for {$1500.00} to put an end to it, they wouldnt even consider it. After asking for a manager I was given a specialist who is a glorified debt collector. XXXX XXXX.
Than, after recently checking my report, they seemed to have added on interest!
This company needs to be shut down. Nothing but bad reviews and predatory practices.
|
| 04/17/2023 |
Yes |
- Vehicle loan or lease
- Loan
|
- Incorrect information on your report
- Account status incorrect
|
|
Web |
|
|
Mega Auto is continuing to illegally report this alleged debt on my consumer reports. I spoke to their company and was told that this vehicle was sold a long time ago yet they are still reflecting this as a debt due with the entire balance. I have requested documents reflecting the original contract and bill of sale, the audit trail of the account as well as any documents supporting the re-sale of the vehicle after repo. Mega Auto has failed to send me any documents that were requested as proof to what is actually owed if anything on this alleged debt. Mega Auto continues to violate my consumer rights with their fraudulent reporting and neglecting my requests for legal documentation.
|
| 11/05/2020 |
Yes |
- Credit reporting, credit repair services, or other personal consumer reports
- Credit reporting
|
- Incorrect information on your report
- Old information reappears or never goes away
|
|
Web |
|
|
Mega Auto Finance has closed and charged off the account as bad debt which legally means they submitted for a tax write off and now are no longer supposed to attempt to collect. Instead they repeatedly every month tarnish mine, and my co-signers credit report.
I have tried settling originally the debt, and mega auto finance did not want to negotiate. Now I am also challenging the validity of this assumes debt. If its supposed to be closed which all credit reports show, how is it legal to not only increase the balance owed but also report negative harassing information.
|
| 08/13/2020 |
Yes |
- Vehicle loan or lease
- Loan
|
- Problems at the end of the loan or lease
- Problem with paying off the loan
|
|
Web |
|
|
|