Whetstone Partners (etitle loan) - LOAN

Posted on Monday, November 18th, 2013 at 11:24am CST by JEFF P.

Product: car loan, etitle loan

Company: Whetstone Partners (etitle loan)

Location: 382 NE 191st Street, #13502, Miami, FL 33179
MIAMI, FL, 33179, US

URL: www.etitleloan.com

Category: Other

I got a car loan from this company because i needed money right away, so they give me $700 loan and they told me i will receive my receipt and other papers via email, when i received the documents,i couldn't believe it. they charge 400 for insurance on the loan and another 100 for something else in total i would have to pay them back about $2000 and they never said anything about those fees when i was talking to them. so i start paying the loan back until i couldnt make a payment and they came to get my car away, i had to pay them $400 and another $680 to the tow company to get my car back and i find a job so i start paying back the loan so i can get my title back last october my balance was $500 after all those payment i made, and i made a payment for 300 dallars so will have to pay 200 dollars to close the loan, last week they come get my car again after i paid them 300 dollars, when i called them they said the 300 dollars i paid in october was for fees and i didnt make a payment for october and to get my car back i will have to pay them 600 dollars plus what ever the amount the tow company will charge me. i need help


4 Comments

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marc k., 2013-11-19, 01:03PM CST

I have experienced the same issue. I have filed a report with both the State of Florida Dept. of Financial Regulations and Florida Attorney General's office. Both are looking into this case as there are numerous others who have been charged this Debt cancellation fee they fail to disclose while having you go through and electronically sign on an Ipad and say the documents will be emailed. Many ended up owing crazy fees on top of the principle balance.

JEFF P., 2013-11-19, 03:14PM CST

yes that is exactly what they do to me. people should stay away from this company, DO NOT DO BUSINESS WITH THIS COMPANY ( WHETSTONE PARTNERS) www.etitleloan.com

80f947cf, 2014-06-01, 10:14AM CDT

I have experienced similar very bad experiences with this company and when I tried to continue to refinance the loan I was told I had to buy 6 months auto insurance because in the State of Florida they are n longer able to write those exorbitant loans. Any news of a class action suite against them?

DOROTHY C., 2014-09-11, 12:59PM CDT

I borrowed one thousand dollars from e.title loan and they added six hundred dollars to my loan without my knowledge and when I contacted e.title loan asking why was I charged for an additional six hundred dollars and I was told to reread my e.contract that I signed.I have paid back the one thousand dollars that I burrowed and now struggling to pay them six hundred dollars presently. I reported my case to the Better Business Bureau but got no results...e.title loan refused to answer when they made contact the case has been closed so I'm stuck paying the money I don't want to loose my car.This title loan company is a rip off I will be happy once I pay them off...never again will I request another title loan.My advise to everyone interested in a title loan don't let them rush you to e.sign cause there are hidden charges you will have to pay.Read before you e.sign.

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