August 24 2004

A class action lawsuit has been filed against Titlemax of Tennessee on behalf of customers. The suit alleges that the company has been charging excessive interest. According to Tennessee state law, the maximum interest that can be charged per month is 9.99%, and the suit claims that Titlemax has been charging 22% per month.

If you feel you qualify for damages or remedies that might be awarded in this class action please fill in the form to the right to submit your complaint.

If your injustice does not match the complaint described above, please use this form to register your complaint. Thank you.

Reader Comments

Posted by
I recently took out a loan with Titlemax under the impression that the amount being financed was 1000 and after interest I would be paying back 1129. Of course, after going in to make my first pmt. I was told something completely different. Now I am financing 3300 on a 1000 loan!!! None of this information was disclosed to me and on my contract it even states that amount financed is 1129.

Posted by
The lady at Titlemax keeps harassing me and my family members the day BEFORE my payment is even due! The interest is eating me up on this. I work from home on the phone and when the lady calls excessively I am missing calls. I will lose my job if this continues.

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