Consumer Portfolio Services
Payments posted late and repo order sent after double payment

I was two payments behind with my car payment. I sent two car payments via overnight express in time to be posted correctly. CPS did not post my payment until two days later. They sent out a repo order after they received my double car payment. I have had nothing but problems with this company. I got a letter from the paralegal stating she would assist me in my problem, as of 4/20/06 no response. She told me she would have an answer for me at the latest 4/10.06. Here are some things I found out about this particular loan company:

1. The BBB gave them a F Rating

2. They are not in compliance with the laws licensing or registration requirements

3. Their complaints contain serious allegations, the company is known for its fraudulent business practices

4. They're known for harassing friends, neighbors, and relatives for payments.

5. They used scare practices to debtors into paying

6. Others state that payments were not credited on time.

Company: Consumer Portfolio Services
Country: USA
State: California
City: Irvine
Address: 16355 Laguna Canyon Road
Phone: 9497536800

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