I purchased a 06 truck, and I got CPS as my bank. I didn't know who they were at the time, but now I wish I had done some research before I got into my vehicle. For the first couple of months, everything was fine. Made my payments on time, everything was good. I was late for the first time in 8 months do to business being slow, and they called the day after my due date. Now from my experience, if you are are late by one day or so, no one can call and demand you to pay them. Now, it is even worse. I have had the vehicle for 2 1/2 yrs., and they are getting worse. I have been out of work for 8 months now due to a work related injury. And they don't want to hear it. When people go from making X amount of dollars a month to less than half of what they are making, its tough on what has to be paid first. I don't know about everyone else, but keeping a roof over my head is more important.
CPS does not want to hear any excuses. They have no sympathy for anyone. I have been phone call after phone call. Even on Saturdays and Sundays. 3-4 times a day. My wife has had to deal with them for me cause I could not take it anymore. They have called all of friends, my family and my job looking for me. And asking them when am I going to pay.
I have made several attempts to try to stay in their good graces, but it don't matter. I have put myself and my family more and more into debt trying to cover the payments. And now, I have a way that I can do my payments without screwing myself or my bank account, and they don't want to hear it. I was willing to work it out, but they don't seem to care. They want me to pay $1150 now. That is my last payments and my next payment that is due next month. Plus interest and late fees. No one no where can come up with that kind of money. Especially if you have bad credit.
If there is to be a Class Action Suit against CPS, I am in. I am currently looking for a lawyer to discuss my options, and I am also looking for someone else for the loan for my vehicle. Some one that is more reliable and not so cold hearted. Please, please, if you are getting any type of loan, DO NOT go thru CPS. They will harass you to no end.
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