Consumer reviews and reports on scam companies, bad products and services
Autovest LLC
Autovest LLC. Unauthorized charges and Totally Unreasonable Interest Rates Southfield, Michigan
12th of May, 2011 by User371974
My car loan was given to this company to collect on after being offered a settlement that was less than one thousand dollars to satisfy the account. This company took the account and added bogus charges on top of a 23.8% interest rate on the amount which was said to be owed. Never have I gotten a direct letter explaining these extra fees being charged and they also have threatened to garnish my co-signers wages on the account. They have cut off all contact with me and are going after the co-signer on the account which is my mother and they are threatening to garnish her wages for the bogus amount that they've come up with. The debt is also on my credit report through the original lender who has charged the account off and now I am being charged almost twice the amount of the orginal debt. Not only is this account damaging my credit I have not been able to get a job due to my credit score so that I am able to pay on it. The car was repossed AND sold again! And they are still trying to charge me the full amount of the vehicle. I refuse to pay any charges that cannot be accounted for and will be taking this account to court. The settlement was for less than a thousand and now its nearly twelve thousand. Get the f*ck out of here with this bullsh*t ya'll can kiss my a**!!

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