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Transouth Financial Complaint - Transouth won't give me my title! - Auto Loan Lender
Auto Loan Lender - Complaint
BEDFORD, TEXAS -- I have numerous complaints about Transouth Financial, but this is my biggest one and hopefully last one yet... Here's the deal...I overnighted my payoff check in the amount of $12,000+ to their payoff department in Minnesota and typed clear instructions as to what I needed done with the title to my vehicle... Well, Transouth could sure take my money but as of today, over 2 months later, they still haven't sent me the title... I have called about four times and the reps say my account has been paid off and the title is on its' way... Texas law says that the seller/leinholder has 20 days to transfer title to the buyer... So, Transouth, where's my title? As far as I'm concerned, your company is nothing but a bunch of uneducated, low-life thieves who have nothing better to screw your customers by taking their money and not coming through on your end of the deal!
Comments:
Posted by Tyster on 2006-05-03:
Good Luck! I bought a Jeep thru TranSouth Financial in 1998 from Florida. I live in Ohio and needed the title sent from their office in TX to Ohio so that I can get plates. The State and myself faxed and contacted TranSouth numerous times to have them send the title to Ohio. I had been chasing them for years; meanwhile, I told them that I can't drive the vehicle legally so come get it! I stopped my payments (after already paying over $9000) and let the vehicle sit. They immediately labeled my account as a "charge-off" and turned my account over to a collector. So, here I sit with a 1998 Jeep with 80,000 miles; cannot get tags; they won't pick it up; and have a charge-off on my credit! I now have to petition the State of Ohio for help to get a court ordered title. I can relate to ALL the comments made in this website. It doesn't get any better!
Posted by kb6srt on 2007-11-27:
With Regard to Transouth Financial. I bought my 1996 Ford Expedition back in 2000 and paid it off in 2003 (1 year early) over 4 years ago in 2003 and I STILL haven't received my clear title.
When do they actually come through. Maybe they should go bankrupt sp we can get some satisfaction.
Marco
When do they actually come through. Maybe they should go bankrupt sp we can get some satisfaction.
Marco
Posted by Mr Thank You on 2009-05-21:
Thanks for the education guys I was looking to get a loan from Transouth - and now when I hear the name Transouth
I will run as fast as I can
I will run as fast as I can
Posted by pissed-off on 2011-06-22:
Ibought a car from Transouth in 2004 still waiting on title! {2011}
Posted by frank fleming on 2012-03-10:
I have the same problem in Ore 2002 KIA paid off in 2005 and now I want to sell and I couldnot find my
title and find out no title DMV still has them as
lean holders very frustated!!!!!!!!!!!!1
title and find out no title DMV still has them as
lean holders very frustated!!!!!!!!!!!!1
Posted by not happy on 2012-08-03:
Bought a 1996 in 2001. Transouth was lienholder now its 2012 can't get a title from the dmv...why? Because transouth was still listed as the lienholder...DUH! If I hadn't paid that vehicle of after 11yr the would have repo it 10yrs ago. NOW WHat should I do can't sell it without title!!!
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