I had a car that was finance by Gulfo Co. Finance. I had problems with the car that the dealer ship would not fix so I returned the car. Years later I received papers to go to court for a company called Mercury Finance. The balance owes on the car was 2400 hundred dollars. The entire car was about 4678 hundred dollars after the finance charges and everything. When I went to court Mercury Finance did not show up. I was told that I could leave and that was it.
About 2 years later I started receiving calls saying that I owed 3 years of interest at 33 percent a day. I had 3 kids a wife and a mim. Wage paying job. I could not afford to pay them what they were asking but offered them what I could afford that was not good enough for them.
A couple of more years passed and I received papers from a law firm for CPS out of Shreveport, LA. They were stating that I owed 10,000 dollars. I made several offers to CPS but they declined everyone. I even tried to make monthly payments Nope they did not want it. One morning I go to work and get my payroll check.
Cps is garnishing 25 percent of everything I make without notice. Every week they take almost 200 hundred dollars out of my check. They say I owe 6,578 in interest alone yea right. Me and my family have barely been making it. When I call to talk to someone they hang up. I hope this company get what is coming for ripping people off. I hope the close down. Something needs to be done.
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