VIP Finance
VIP Finance's "Auto Clup" is a rip-off!

I took out a car title loan with VIP Financing 07/20/10 for $900. Originally the loan was
financed and I was supposed to pay back $1033. To date I have paid back
$1730. After closely looking at all of my payments, I noticed that the
loan amount wasn't decreasing. So, I inquired about the total amount to
the manager, Jake. He informed me that I am responsible for payments
for an "Auto Club" that VIP Financing provides for their customers. I
asked to get out of the "Auto Club" because I have full coverage
insurance on my car with Progressive insurance, and roadside assistance
is included. The "Auto Club" and my insurance company's roadside
assistance provides the same services/assistance. I am to pay $50 a week
towards the "Auto Club". All monies I had paid out prior to VIP
Financing was going towards the "Auto Club". I informed and provided
proof to VIP Financing that I do not need their "Auto Club" coverage and
I want all payments to go towards the principle. I was told that I
could not get out of the contract agreement, because I signed up for it.
Actually, I wasn't told I could opt out of not getting the "Auto Club"
service plan, if so, I wouldn't have signed for it. I still owe $843,
until I pay that amount in full, I will be responsible of the $50
payments. I feel this company is a rip off, and does not provide good
customer service. Prior to contacting the BBB, I tried to contact an
upper management (chain of command) to address my concerns. I was told
that I could only communicate directly with Jake at the local office. I
am currently unemployed, and any extra monies need to go towards the
principle, not the "Auto Club".

Company: VIP Finance
Country: USA
State: Texas
City: Dallas
Address: 12095 Garland Rd
Phone: 2143196699

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